Active

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4625 47 Avenue , Olds, AB

$299,900

Residential · MLS® A2296849
2Bedrooms
1Bathrooms
881Sq Ft
0Garage
1935Year Built
02 / Overview

PROPERTY OVERVIEW

Here is your awesome opportunity to enter the market or expand your investment portfolio! Ideally located within walking distance to Olds College and set in a desirable, well-established neighbourhood, this beautifully upgraded home offers both comfort and long-term value. Extensively improved over the past three years, the home features a bright and welcoming interior filled with natural light from large south-facing windows. The main floor showcases refinished hardwood flooring and an expanded, refreshed kitchen complete with a new stove and...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area881 sq ft
Lot Size6,000 sq ft
ZoningR2
HeatingForced Air • Natural Gas
CoolingNone
ParkingNone
ExteriorPrivate Yard
BasementFull
Year Built1935
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$256After mortgage & expenses
Cap Rate5.5%Based on market rents
Cash on Cash Return5.1%With 20% down payment
Est. Monthly Rent$1,642Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Dan Peters · RE/MAX Rocky View Real Estate