$595,000

Residential · MLS® A2285876
5Bedrooms
2Bathrooms
1,096.5Sq Ft
2Garage
1959Year Built
02 / Overview

PROPERTY OVERVIEW

****ALERT TO BUILDERS, DEVELOPERS, INVESTORS OR HANDYMAN **** Inner city in sought after Radisson Heights/Albert Park! sitting on a 50 X 130 foot lot ZONED R-CG !! Plenty of development all around. An 8 unit build is being constructed right next door, and more all around the area. Great project for a savvy developer/builder/ or long term investor that knows the risks involved and the gains in appreciated value. This is also a perfect fit for a holding...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,096.5 sq ft
Lot Size6,533 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1959
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$468After mortgage & expenses
Cap Rate3.5%Based on market rents
Cash on Cash Return-4.7%With 20% down payment
Est. Monthly Rent$2,169Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ALBERT PARK/RADISSON HEIGHTS

Needs Review
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Investment Score44/100
Avg Home Price$732K
Active Listings11
Listed by Doug Brown · TREC The Real Estate Company