$289,900

Residential · MLS® A2289335
3Bedrooms
2Bathrooms
1,002.93Sq Ft
2Garage
1974Year Built
02 / Overview

PROPERTY OVERVIEW

Looking for a rock-solid investment or the ultimate hobbyist’s retreat? This 1,002 sq. ft. bungalow in the vibrant town of Picture Butte is a "diamond in the rough" with incredible bones and a prime location directly across from Picture Butte High School. Built in 1974, this three (3) bedroom, two (2) bathroom home has been thoughtfully updated with a new roof (2022), fresh siding (2022), and modern flooring throughout most of the main floor. The layout has been optimized for...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,002.93 sq ft
Lot Size7,068 sq ft
ZoningR-1
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • Single Garage Detached
ExteriorNone
BasementFull
Year Built1974
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$620After mortgage & expenses
Cap Rate7.0%Based on market rents
Cash on Cash Return12.8%With 20% down payment
Est. Monthly Rent$1,905Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by TIM WHITEHEAD · Braemore Management