Pending

NORMANDEAU

45 Nichols Crescent , Red Deer, AB

$244,900

Residential · MLS® A2296534
5Bedrooms
2Bathrooms
1,050Sq Ft
3Garage
1977Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this beautifully updated half duplex tucked away on a quiet crescent in the established community of Normandeau. Offering a functional layout, thoughtful upgrades, and excellent potential, this home is ideal for families, first-time buyers, or investors alike. The main floor welcomes you with a bright and inviting living space, complemented by a well-appointed kitchen featuring granite countertops and new high-end appliances, creating both style and function for everyday living and entertaining. Upstairs, you’ll find comfortable, well-sized bedrooms with...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,050 sq ft
Lot Size4,320 sq ft
ZoningR-D
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorBalcony
BasementFull
Year Built1977
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$919After mortgage & expenses
Cap Rate9.0%Based on market rents
Cash on Cash Return22.5%With 20% down payment
Est. Monthly Rent$2,088Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NORMANDEAU

Loading map...
Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

Community statistics are being updated. Check back soon for detailed insights.

Listed by Vivian Sam · Coldwell Banker OnTrack Realty