Active

HIGHLAND GREEN

6351 58th Avenue , Red Deer, AB

$255,000

Residential · MLS® A2292476
5Bedrooms
2Bathrooms
900Sq Ft
4Garage
1978Year Built
02 / Overview

PROPERTY OVERVIEW

HIGHLANd GREEN 1/2 DPLX WITH ILLEGAL SUITE! Perfectly located close to schools and the GH Dawe Recreation Centre, residents can enjoy easy access to fitness facilities, skating, swimming, and community programs. This property is a great option for first-time buyers, investors, or families looking for flexible living arrangements. The main level offers comfortable living space with private laundry, while the basement suite also includes its own private entrance and private laundry, providing convenience for both levels. The home...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area900 sq ft
Lot Size3,360 sq ft
ZoningR-D
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorOther
BasementFull
Year Built1978
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,931After mortgage & expenses
Cap Rate13.6%Based on market rents
Cash on Cash Return45.4%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

HIGHLAND GREEN

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Investment ScoreN/A
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Listed by Dusty Smith · Royal LePage Network Realty Corp.