Active

DAVENPORT

37, 33 Donlevy Avenue , Red Deer, AB

$264,900

Residential ยท MLSยฎ A2295885
2Bedrooms
2Bathrooms
1,312.88Sq Ft
2Garage
2003Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this meticulously maintained, like-new two-storey townhome located in a quiet southeast complex. This desirable layout features an open-concept main floor highlighted by a cozy corner gas fireplace, a convenient half bath, and new LED lighting throughout, creating a bright and inviting space.

Upstairs offers two spacious bedrooms plus a versatile flex space, along with a large main bathroom. The primary bedroom is exceptionally sized, complete with a beautiful bay window and double closets.

The basement is undeveloped and ready for...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFour Plex
Total Finished Area1,312.88 sq ft
Lot Size640 sq ft
ZoningR-M
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorNone
BasementFull
Year Built2003
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$806After mortgage & expenses
Cap Rate8.1%Based on market rents
Cash on Cash Return18.3%With 20% down payment
Est. Monthly Rent$2,398Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DAVENPORT

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Investment ScoreN/A
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Listed by Brenda Bowness ยท Century 21 Maximum