Active
RANCHLAND
222 Ranchlands Boulevard Ne, Medicine Hat, AB
$552,500
Residential · MLS® A22917584Bedrooms
4Bathrooms
1,641Sq Ft
2Garage
2020Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this amazing and unique opportunity to own a home in pristine condition with a view in the scenic Ranchlands neighborhood. This home features a non conforming mother in law suite/ Secondary Kitchen in the basement and a maintenance free yard. From the open main floor you will enjoy the coulee and river views from the living room, dining area and kitchen. These areas feature high quality finishes that flow throughout the home. You will appreciate the space provided...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeFour Plex
Total Finished Area1,641 sq ft
Lot Size2,362 sq ft
ZoningR-MD
HeatingENERGY STAR Qualified Equipment • Forced Air • Humidity Control • Natural Gas • Other • Zoned
CoolingCentral Air • ENERGY STAR Qualified Equipment
ParkingDouble Garage Detached
ExteriorBalcony • BBQ gas line • Lighting • Other • Uncovered Courtyard
BasementFull
Year Built2020
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$638After mortgage & expenses
Cap Rate5.8%Based on market rents
Cash on Cash Return6.9%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
RANCHLAND
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by TJ CRANSTON · ROYAL LEPAGE COMMUNITY REALTY