01 / Property Detail

NONE

60 N 2 Street W, Magrath, AB

$499,000

Residential · MLS® A2291347
5Bedrooms
2Bathrooms
1,907.08Sq Ft
3Garage
1940Year Built
02 / Overview

PROPERTY OVERVIEW

What a beautifully updated home sitting on an incredible 0.6 acre lot. A brand new addition to the home was recently completed, expanding the living space and bringing in plenty of natural light with all new windows and pot lights. The addition features vinyl flooring throughout, a stunning glass railing, three new bedrooms, and an additional bathroom. The primary bedroom is located in the addition and includes an amazing 3-piece ensuite along with a walk-in closet. It also adds two...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,907.08 sq ft
Lot Size26,136 sq ft
ZoningResidential
HeatingForced Air
CoolingNone
ParkingGravel Driveway • Parking Pad
ExteriorPrivate Yard • Storage
BasementFull
Year Built1940
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,376After mortgage & expenses
Cap Rate7.8%Based on market rents
Cash on Cash Return16.5%With 20% down payment
Est. Monthly Rent$3,587Based 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 Brooks Maxwell · Onyx Realty Ltd.