$229,000

Residential · MLS® A2285231
1Bedrooms
1Bathrooms
621Sq Ft
1Garage
2004Year Built
02 / Overview

PROPERTY OVERVIEW

Perfect for First-Time Buyers, Retirees, and Investors! This well-laid-out apartment is conveniently located near the entry door and features an open, functional floor plan. Laminate flooring throughout gives the space a warm and inviting feel. The kitchen offers natural maple-style cabinetry, black countertops, and stainless steel appliances, including a brand-new refrigerator and newer dishwasher. The unit has also been freshly painted, making it truly move-in ready.A versatile flex room provides the ideal space for a home office and can...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area621 sq ft
ZoningM-C2 d116
HeatingBaseboard • Natural Gas
CoolingNone
ParkingStall
ExteriorCourtyard
Year Built2004
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$310After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.1%With 20% down payment
Est. Monthly Rent$1,137Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

APPLEWOOD PARK

Moderate Investment
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Investment Score67/100
Avg Home Price$465K
Active Listings11
Listed by Marjorie Martin Manuel · First Place Realty