Active

MORRISROE

3505 39 Street , Red Deer, AB

$499,900

Residential · MLS® A2292646
6Bedrooms
3Bathrooms
1,302Sq Ft
2Garage
1973Year Built
02 / Overview

PROPERTY OVERVIEW

SUBSTANTIALLY RENOVATED! Tastefully re-done inside and out, this fully renovated bungalow in Morrisroe sits on a large, beautifully landscaped South facing lot. Starting on the outside, this home has all Hardi Plank siding with added styrofoam insulation underneath, updated soffits, fascia, and eavestroughs, 35 year shingles (2009), a pre-cast concrete front step, and beautiful low maintenance landscaping both front and back with mature trees. Step inside to a bright and open floor plan with tile and hardwood...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,302 sq ft
Lot Size7,257 sq ft
ZoningR-L
HeatingForced Air • Natural Gas
CoolingNone
ParkingAdditional Parking • Alley Access • Concrete Driveway • Double Garage Detached • Garage Faces Rear • Off Street • RV Access/Parking
ExteriorPrivate Yard
BasementFull
Year Built1973
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$276After mortgage & expenses
Cap Rate5.1%Based on market rents
Cash on Cash Return3.3%With 20% down payment
Est. Monthly Rent$2,579Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MORRISROE

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Listed by Andrew Russell · RE/MAX real estate central alberta