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109 Argyle Street , Granum, AB
$429,000
Residential · MLS® A22938064Bedrooms
2Bathrooms
1,003Sq Ft
1962Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this versatile 1.25-acre property offering space, comfort, and exciting commercial potential. Ideally situated across from a newly completed park with scenic walking paths, this property combines peaceful acreage living with convenient nearby amenities.The 1,003 sq. ft. home features a classic 1960s design set on a newer basement foundation and has seen numerous recent upgrades. Improvements include updated plumbing and electrical, a new metal roof, newly finished hardwood floors, and new vinyl laminate flooring in the kitchen. The finished...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,003 sq ft
Lot Size59,202 sq ft
Zoningres/com
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • RV Access/Parking
ExteriorBalcony • Garden • Private Yard • Storage
BasementFull
Year Built1962
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,175After mortgage & expenses
Cap Rate7.8%Based on market rents
Cash on Cash Return16.4%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
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by TOM BARNES · eXp Realty of Canada