01 / Property Detail
DOWNTOWN RED DEER
227, 4805 45 Street , Red Deer, AB
$299,000
Residential · MLS® A22876541Bedrooms
2Bathrooms
983Sq Ft
2Garage
1999Year Built
02 / Overview
PROPERTY OVERVIEW
This unique setup has a 3 piece bathroom off the den, which could easily be a 2nd bedroom. The living room is spacious with a warm gas fireplace in the corner and plenty of natural light. The kitchen is open to the living room and dining area creating a very friendly atmosphere for entertaining. A big plus is the central a.c. for the warmer summer days. Enjoy the space in the primary bedroom including a large double closet and windows...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area983 sq ft
ZoningR-H
HeatingHot Water
CoolingCentral Air
ParkingAdditional Parking • Assigned • Heated Garage • Underground
ExteriorBalcony
Year Built1999
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$277After mortgage & expenses
Cap Rate3.4%Based on market rents
Cash on Cash Return-5.6%With 20% down payment
Est. Monthly Rent$1,770Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
DOWNTOWN RED DEER
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Gordon Phillips · Maxwell Real Estate Solutions Ltd.