01 / Property Detail

NONE

317 2 Avenue E, Bow Island, AB

$250,000

Residential · MLS® A2290377
3Bedrooms
2Bathrooms
950Sq Ft
1Garage
1960Year Built
02 / Overview

PROPERTY OVERVIEW

First time buyer's or revenue seekers here is 317 2 ave. E here in Bow Island! 1 and half story home with 3 beds and 1.5 baths on a 50'x125' lot with a nice size backyard with room to build a garage if necessary. The house has had many upgrades over the year's like newer furnace and hot water tank replaced 5 years ago. Roof was replaced in 2024, and the fence was replaced all new in 2025. Windows and...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area950 sq ft
Lot Size6,250 sq ft
ZoningR1
HeatingForced Air • Natural Gas
CoolingNone
ParkingCarport • On Street • Outside
ExteriorPlayground • Private Entrance • Private Yard
BasementPartial
Year Built1960
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$705After mortgage & expenses
Cap Rate7.8%Based on market rents
Cash on Cash Return16.9%With 20% down payment
Est. Monthly Rent$1,813Based 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 Dave Hill · Real Estate Centre - Bow Island