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5107 45th Street , Alix, AB
$489,000
Residential · MLS® A22941694Bedrooms
2Bathrooms
1,957Sq Ft
3Garage
1945Year Built
02 / Overview
PROPERTY OVERVIEW
Discover this stunning 2 acre property on the edge of town. IMMACULATELY maintained and move in ready, this acreage offers both tranquility and convenience. House has had Substantial upgrades with updated kitchen featuring NEW TOP END APPLIANCES with gas range and double ovens. Both bathrooms have been recently updated with new toilets and taps, Vinyl Windows in 2005, Furnace 8 years old, HTW 2 years old, Metal roof 5 years old. The list goes...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,957 sq ft
Lot Size87,120 sq ft
ZoningR1
HeatingForced Air
CoolingFull
ParkingDriveway • Gravel Driveway • Triple Garage Detached
ExteriorCourtyard • Fire Pit
BasementFull
Year Built1945
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,318After mortgage & expenses
Cap Rate7.7%Based on market rents
Cash on Cash Return16.2%With 20% down payment
Est. Monthly Rent$3,625Based 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 Kyle Ramstad · Ramstad Realty Ltd.