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1407 20 Street , Coaldale, AB

$319,900

Residential · MLS® A2292281
3Bedrooms
2Bathrooms
1,238Sq Ft
3Garage
1943Year Built
02 / Overview

PROPERTY OVERVIEW

Charming farmhouse-style home on a generous 55 x 200 lot, offering space, efficiency, and outstanding potential. Ideally situated facing the Birds of Prey Centre, with a green space located directly behind, you can enjoy the seasonal pelican migration and spectacular bird sanctuary right from your front deck. This property features a triple-wide front parking pad and two excellent garden sheds: one a traditional storage shed and the other a multipurpose space, currently being used as an office. Inside, the main...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,238 sq ft
Lot Size11,000 sq ft
ZoningR-1a
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorNone
BasementFull
Year Built1943
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$810After mortgage & expenses
Cap Rate7.5%Based on market rents
Cash on Cash Return15.2%With 20% down payment
Est. Monthly Rent$2,317Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by CHUCK GULYAS · RE/MAX REAL ESTATE - LETHBRIDGE