Active

MEADOWBROOK

307 17 Street E, Brooks, AB

$998,000

Multi-Family ยท MLSยฎ A2290791
2,800Sq Ft
2Garage
2015Year Built
02 / Overview

PROPERTY OVERVIEW

INTERIOR PICTURES COMING SOON! This is an excellent time to invest and start or expand your portfolio. This is an unique opportunity featuring four standalone units held under a single title.

Each unit offers an identical bi-level layout with 1,400 square feet of total living space. The main level consists of a spacious, open-concept living area with hardwood floors and a well-appointed kitchen featuring a large sit-up island, a corner pantry, and granite countertops. A half-bath and a laundry room...

03 / Details

PROPERTY DETAILS

Property TypeMulti-Family
Building TypeFour Plex
Total Finished Area2,800 sq ft
Lot Size6,180 sq ft
ZoningR-HD
HeatingForced Air
CoolingCentral Air
ParkingOff Street
ExteriorNone
BasementFull
Year Built2015
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$316After mortgage & expenses
Cap Rate4.8%Based on market rents
Cash on Cash Return1.9%With 20% down payment
Est. Monthly Rent$4,900Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MEADOWBROOK

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Investment ScoreN/A
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Listed by Tammy Cyr ยท Century 21 Foothills Real Estate