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HIGHLAND GREEN ESTATES

10, 96 Holmes Street Street , Red Deer, AB

$189,900

Residential · MLS® A2292020
2Bedrooms
2Bathrooms
873.04Sq Ft
2Garage
1978Year Built
02 / Overview

PROPERTY OVERVIEW

Great starter home or perhaps increase your portfolio -Very nice – well kept unit in a quiet interior yard – 2 bedrooms up and partially developed basement including rec room and bath. Laminate flooring and tile compliment the home as well as 2 Parking stalls included out front. Tenants have moved so no waiting to move in if you want. Easy to show.

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeOther
Total Finished Area873.04 sq ft
ZoningR-M
HeatingForced Air
CoolingNone
ParkingParking Pad • Stall
ExteriorAwning(s) • Other
BasementFull
Year Built1978
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$92After mortgage & expenses
Cap Rate5.0%Based on market rents
Cash on Cash Return2.9%With 20% down payment
Est. Monthly Rent$1,628Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

HIGHLAND GREEN ESTATES

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Listed by Jim Escott · Sutton Landmark Realty