Active
ORIOLE PARK
7 Ohio Close , Red Deer, AB
$362,900
Residential · MLS® A22849663Bedrooms
2Bathrooms
959.55Sq Ft
2Garage
1964Year Built
02 / Overview
PROPERTY OVERVIEW
Check out this Quaint Bungalow on a Quiet Mature Close, and Backing onto a Treed Reserve. Tremendous Potential, with improvement including; New Hot Water Tank(2025), Garage Door(2013), 35 Year Shingles(2009), Soffit and Facia(2009), and Main Floor Windows(2009). The main floor has also been opened up to give the home a much more open feel. You will love the Covered South Facing Deck and the Back Yard Oasis featuring numerous perennials, and Garden Area to grow your own vegetables. There...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area959.55 sq ft
Lot Size6,364 sq ft
ZoningR-L
HeatingForced Air • Natural Gas
CoolingNone
ParkingAdditional Parking • Alley Access • Double Garage Detached • Garage Door Opener • Garage Faces Rear • Heated Garage • Insulated • Off Street • Oversized • Parking Pad • RV Access/Parking • See Remarks
ExteriorGarden • Private Yard • Storage
BasementFull
Year Built1964
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$160After mortgage & expenses
Cap Rate5.0%Based on market rents
Cash on Cash Return2.6%With 20% down payment
Est. Monthly Rent$1,829Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
ORIOLE PARK
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Investment ScoreN/A
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Listed by Kevin Thomsen · RE/MAX real estate central alberta