01 / Property Detail

NONE

118 2 Street Se, Redcliff, AB

$200,000

Residential · MLS® A2290441
2Bedrooms
1Bathrooms
758Sq Ft
1Garage
1948Year Built
02 / Overview

PROPERTY OVERVIEW

Affordable bungalow in the welcoming community of Redcliff! This cozy 2 bedroom, 1 bathroom home is the perfect opportunity for first-time home buyers looking to step into ownership or revenue buyers searching for a solid investment property.

Inside, you’ll find a functional layout with comfortable living space. Major updates have already been taken care of, with the furnace, hot water tank, and central A/C all replaced in 2023.

The property also features a small detached garage — ideal for storage or a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area758 sq ft
Lot Size6,493 sq ft
ZoningR1
HeatingForced Air
CoolingCentral Air
ParkingDriveway • Single Garage Detached
ExteriorNone
BasementFull
Year Built1948
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$541After mortgage & expenses
Cap Rate7.7%Based on market rents
Cash on Cash Return16.2%With 20% down payment
Est. Monthly Rent$1,427Based 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 KAYTY LEIDAL · EXP REALTY