01 / Property Detail
LANCASTER GREEN
5128, 2660 22 Street , Red Deer, AB
$274,900
Residential · MLS® A22836521Bedrooms
2Bathrooms
1,043Sq Ft
2Garage
2009Year Built
02 / Overview
PROPERTY OVERVIEW
This unit has the standout features of 2 TITLES UNDERGROUND PARKING STALLS and a rare exterior entrance leading directly to the landscaped courtyard with BBQ'S and gathering areas! The open concept layout showcases granite countertops, updated vinyl plank flooring throughout the main living areas, updated carpet in the bedrooms for added comfort, modern paint, and some appliances were updated from original. There is one bedroom with 2 closets and a 3 piece ensuite, and the other large den...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area1,043 sq ft
Lot Size1,054 sq ft
ZoningR-M
HeatingBoiler • Natural Gas
CoolingCentral Air
ParkingSecured • Titled • Underground
ExteriorCourtyard
Year Built2009
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$99After mortgage & expenses
Cap Rate4.9%Based on market rents
Cash on Cash Return2.2%With 20% down payment
Est. Monthly Rent$1,875Based on comparable rentals
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05 / Location
LANCASTER GREEN
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Tracey Christensen · CIR Realty