$399,000

Residential · MLS® A2289324
2Bedrooms
1Bathrooms
1,184Sq Ft
2Garage
1950Year Built
02 / Overview

PROPERTY OVERVIEW

Country Charm meets Cozy comfort on this updated 0.82 Acre Mini-acreage. This 2 bedroom, 1 bathroom character home features and inviting open-concept layout, a stunning kitchen and a warm wood stove that anchors the living space. Outside you’ll find a MASSIVE detached garage – insulated, heated and boasting 10ft interior walls – perfect for a workshop, storage or all the toys. The fully fenced yard (7.5ft tall page wire) offers exceptional space and privacy, ideal for pets, kids or just...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,184 sq ft
Lot Size35,719 sq ft
ZoningC2
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1950
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$404After mortgage & expenses
Cap Rate5.7%Based on market rents
Cash on Cash Return6.1%With 20% down payment
Est. Monthly Rent$2,172Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LUCAS HEIGHTS

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Tasha Cordel · RE/MAX real estate central alberta