01 / Property Detail

NONE

613 Iris Street , Rosemary, AB

$185,000

Residential · MLS® A2290757
3Bedrooms
2Bathrooms
1,196Sq Ft
1Garage
1992Year Built
02 / Overview

PROPERTY OVERVIEW

Looking for affordable home ownership with no lot rent? This well maintained 1992 mobile home sits on owned land in the quiet community of Rosemary, offering the freedom and value many buyers are searching for.

Inside you’ll find a bright open concept layout that connects the living room, dining area and kitchen, creating a comfortable space for everyday living and entertaining. The home features 3 bedrooms and 2 bathrooms, with each bathroom hosting a skylight that fills the rooms with natural...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeManufactured House
Total Finished Area1,196 sq ft
Lot Size6,000 sq ft
ZoningR-1
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorOther
BasementNone
Year Built1992
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,423After mortgage & expenses
Cap Rate13.7%Based on market rents
Cash on Cash Return46.2%With 20% down payment
Est. Monthly Rent$2,243Based 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 Tracy Hazzard · Royal LePage Community Realty