CRESTWOOD-NORWOOD

62/64 Carswell Road , Medicine Hat, AB

$460,000

Multi-Family · MLS® A2290609

1,600Sq Ft

2Garage

1976Year Built

02 / Overview

PROPERTY OVERVIEW

Well cared for full duplex with newer shingles, high efficiency furnace, and central air. Total of three bedrooms and lots of room for storage. Nice yard with front driveway. Both sides are included in this package. Electrical will be upgraded to 100 amp upon completion of sale and when ground is free of frost.

03 / Details

PROPERTY DETAILS

Property TypeMulti-Family

Building TypeDuplex

Total Finished Area1,600 sq ft

ZoningR-LD

Parking2 Car Garage

Year Built1976

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$762After mortgage & expenses

Cap Rate6.5%Based on market rents

Cash on Cash Return9.9%With 20% down payment

Est. Monthly Rent$2,800Based on comparable rentals

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

05 / Location

CRESTWOOD-NORWOOD

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Listed by TIM SEITZ · ROYAL LEPAGE COMMUNITY REALTY