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TILLICUM BEACH

213 Red Wing Crescent , Tillicum Beach, AB

$179,900

Residential · MLS® A2293425
2Bedrooms
1Bathrooms
850Sq Ft
2Garage
1989Year Built
02 / Overview

PROPERTY OVERVIEW

Escape to the peaceful lakeside community of Tillicum Beach. Situated on a 1/4 acre hillside lot with a mix of trees and gorgeous lake views. This charming home is the perfect retreat for weekend getaways, summer living or quiet year round living. Inviting 2 bedroom/1 bathroom home is a manageable size and offers a wonderful 11x14 covered deck. Just a short walk to the shoreline of Driedmeat Lake, you’ll have easy access to boating, fishing, paddling, and beautiful walks along...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area850 sq ft
Lot Size10,454 sq ft
ZoningLake Resort
HeatingForced Air
CoolingNone
ParkingParking Pad
ExteriorNone
BasementNone
Year Built1989
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$726After mortgage & expenses
Cap Rate9.3%Based on market rents
Cash on Cash Return24.2%With 20% down payment
Est. Monthly Rent$1,588Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

TILLICUM BEACH

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Investment ScoreN/A
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Listed by Matthew Mayer · Central Agencies Realty Inc.