Active
MORRISROE
301, 3907 39 Street , Red Deer, AB
$245,000
Residential · MLS® A22902073Bedrooms
1Bathrooms
924Sq Ft
2Garage
1962Year Built
02 / Overview
PROPERTY OVERVIEW
Ideal location for a young family in this fully finished 2-storey across from Maryview school. Home features original maple hardwood floors and new carpets on basement stairs and family room. Back yard features a massive 14x16 deck and 4x6 garden shed with a fully fenced yard for your children and/or pets. Lots of space for a young growing family with affordable condo fees close to major bus routes, schools and downtown Red Deer. Includes all appliances and window...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeFour Plex
Total Finished Area924 sq ft
Lot Size458 sq ft
ZoningR-H
HeatingForced Air • Natural Gas
CoolingNone
ParkingParking Pad
ExteriorPlayground
BasementFull
Year Built1962
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$264After mortgage & expenses
Cap Rate5.8%Based on market rents
Cash on Cash Return6.5%With 20% down payment
Est. Monthly Rent$1,767Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
MORRISROE
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Mitzi Billard · RE/MAX real estate central alberta