01 / Property Detail

BOWER

23 Barner Avenue , Red Deer, AB

$415,000

Residential · MLS® A2283986
4Bedrooms
3Bathrooms
1,191Sq Ft
2Garage
1979Year Built
02 / Overview

PROPERTY OVERVIEW

Take a look at this well-kept bi-level in the highly desirable neighborhood of Bower. This fully finished home offers incredible functionality with a large detached garage, a fully fenced yard, and a spacious two-tiered deck — perfect for entertaining or relaxing outdoors. The main floor features updated flooring in the bright living room, two bedrooms, and 1.5 bathrooms. One of the bedrooms is generously sized and could potentially be reconfigured to create a three-bedroom main floor layout if desired.

The kitchen...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,191 sq ft
Lot Size6,300 sq ft
ZoningR-L
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorOther
BasementFull
Year Built1979
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$445After mortgage & expenses
Cap Rate5.8%Based on market rents
Cash on Cash Return6.4%With 20% down payment
Est. Monthly Rent$2,284Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

BOWER

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Melissa Morin · Century 21 Maximum