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$394,900

Residential · MLS® A2289972

5Bedrooms

2Bathrooms

1,438Sq Ft

2Garage

1997Year Built

02 / Overview

PROPERTY OVERVIEW

OPPORTUNITY IS KNOCKING - INCREDIBLE WELL KEPT - INVESTMENT PROPERTY - JUST MINUTES FROM GRANDE PRAIRIE'S GROWING NORTHSIDE AMENITIES! Looking to start or grow your real estate investment portfolio - look no further! This wonderful suited property has a ton to offer. Take your first steps into the upstairs unit and you will be thoroughly impressed by how well these LONG TERM TENANTS have kept the property. Bright light, and a wonderful sprawling OPEN CONCEPT KITCHEN & LIVING ROOM welcome...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeHouse

Total Finished Area1,438 sq ft

Lot Size4,268 sq ft

ZoningRS Small Lot Residential

HeatingForced Air

CoolingNone

ParkingParking Pad

ExteriorOther

BasementFull

Year Built1997

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,017After mortgage & expenses

Cap Rate7.6%Based on market rents

Cash on Cash Return15.4%With 20% down payment

Est. Monthly Rent$2,767Based on comparable rentals

Want to run your own numbers?Customize down payment, rates, and rental assumptions

05 / Location

SCENIC RIDGE

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Investment ScoreN/A

Avg Home PriceN/A

Active ListingsN/A

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Listed by Matthew Chomyc · RE/MAX Grande Prairie