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500 8 Street Sw, Slave Lake, AB

$234,900

Residential · MLS® A2295432
3Bedrooms
2Bathrooms
1,202.43Sq Ft
3Garage
1997Year Built
02 / Overview

PROPERTY OVERVIEW

Well-maintained mobile home situated on its own lot, offering excellent value for first-time buyers, downsizers, or investors. This fee-simple property is fully fenced and features a large treated deck—perfect for outdoor living. Inside, the functional open-concept layout includes 3 bedrooms and 2 full 4-piece bathrooms, with a bright living room that flows into an upgraded kitchen and dining area. The kitchen has been refreshed with new countertops, new backsplash, and newer stainless steel appliances, offering plenty of cabinets and generous...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeManufactured House
Total Finished Area1,202.43 sq ft
Lot Size5,651 sq ft
ZoningRMHS
HeatingForced Air • Natural Gas
CoolingNone
ParkingDriveway • Parking Pad
ExteriorPrivate Yard
BasementNone
Year Built1997
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,120After mortgage & expenses
Cap Rate10.2%Based on market rents
Cash on Cash Return28.6%With 20% down payment
Est. Monthly Rent$2,254Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by ROBBIE COTE · Real Broker