01 / Property Detail
ANDERS PARK
43, 20 Alford Avenue , Red Deer, AB
$240,000
Residential · MLS® A22872033Bedrooms
2Bathrooms
1,055.47Sq Ft
1Garage
1976Year Built
02 / Overview
PROPERTY OVERVIEW
Neighbourhood of Anders Park in Red Deer, this 2-story townhouse offers a functional layout, excellent potential, & makes it a great option for both first-time buyers and investors.Step inside to a bright and functional main floor designed for everyday living. The living room flows seamlessly into the dining area and kitchen, complete with a pantry for extra storage and a convenient 2-piece bathroom for guests. It’s a layout that simply makes sense. Upstairs has 3 bedrooms and a full 4-piece...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeFive Plus
Storeys2
Total Finished Area1,055.47 sq ft
ZoningR-H
HeatingForced Air
CoolingNone
ParkingStall
ExteriorPrivate Yard • Rain Gutters
BasementFull
Year Built1976
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$588After mortgage & expenses
Cap Rate7.4%Based on market rents
Cash on Cash Return14.7%With 20% down payment
Est. Monthly Rent$1,997Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
ANDERS PARK
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by David Hicks · PG Direct Realty Ltd.