Active
VERMILION
4704 48b Avenue , Vermilion, AB
$224,900
Residential · MLS® A22929765Bedrooms
2Bathrooms
960Sq Ft
3Garage
1959Year Built
02 / Overview
PROPERTY OVERVIEW
FIVE Bedroom Home with a MASSIVE Garage (35' x 24') at an affordable price! Situated near the schools, this bungalow has seen an array of updates: new flooring, bathroom, HWT, electrical panel, as well as concrete work around the house. The fully-fenced backyard supplies a large deck with gas BBQ potential, as well as a large storage shed. The shingles were replaced in 2012. Vacant & can accommodate an immediate possession transfer.
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area960 sq ft
Lot Size6,000 sq ft
ZoningR2
HeatingMid Efficiency • Forced Air • Natural Gas
CoolingNone
ParkingDouble Garage Attached
ExteriorBBQ gas line • Storage
BasementFull
Year Built1959
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$856After mortgage & expenses
Cap Rate9.0%Based on market rents
Cash on Cash Return22.8%With 20% down payment
Est. Monthly Rent$1,930Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
VERMILION
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Listed by Doug Charlesworth · Vermilion Realty