Active

NORMANDEAU

39 Norris Close , Red Deer, AB

$397,000

Residential · MLS® A2295861
5Bedrooms
3Bathrooms
1,082Sq Ft
2Garage
1977Year Built
02 / Overview

PROPERTY OVERVIEW

Tucked into a quiet cul-de-sac, this spacious 5-bedroom, 2.5-bath, 4-level split offers space, comfort, and privacy on a large, mature lot backing alley access and facing green space. The bright main floor features a welcoming living room with a cozy wood-burning fireplace, dining area, kitchen with island and large windows that fill the home with natural light. Upstairs includes three well-sized bedrooms, including a primary with a 2-piece ensuite. The lower levels offer two additional bedrooms, a generous family/rec room,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,082 sq ft
Lot Size9,681 sq ft
ZoningR1
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached
ExteriorGarden • Private Yard
BasementFull
Year Built1977
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$311After mortgage & expenses
Cap Rate5.4%Based on market rents
Cash on Cash Return4.7%With 20% down payment
Est. Monthly Rent$2,144Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NORMANDEAU

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Listed by Alton Puddicombe · Coldwell Banker Battle River Realty