DOWNTOWN

201, 7 Clearwater Crescent , Fort McMurray, AB

$58,000

Residential · MLS® A2294226

2Bedrooms

1Bathrooms

822Sq Ft

1Garage

1977Year Built

02 / Overview

PROPERTY OVERVIEW

Great revenue/Investment property or starter home in the heart of downtown, close to shopping malls and all amenities. Features of this two-bedroom, one full bathroom unit include a large living room with a balcony off of it and lots of natural light. The galley kitchen has a fridge, stove and a good amount of countertops and cabinets, plus the dining area for your meals. There is a massive primary bedroom and a great sized second bedroom! The 4 pc bathroom...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeLow Rise (2-4 stories)

Storeys4

Total Finished Area822 sq ft

ZoningCBD1

HeatingBaseboard

CoolingNone

ParkingStall

ExteriorBalcony

Year Built1977

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$640After mortgage & expenses

Cap Rate17.7%Based on market rents

Cash on Cash Return66.2%With 20% down payment

Est. Monthly Rent$1,539Based on comparable rentals

Want to run your own numbers?Customize down payment, rates, and rental assumptions

05 / Location

DOWNTOWN

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Investment ScoreN/A

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Active ListingsN/A

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Listed by CINDY SCANTLAND · ROYAL LEPAGE BENCHMARK