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EDSON

4827 5 Avenue , Edson, AB

$224,500

Residential · MLS® A2297443
3Bedrooms
2Bathrooms
892.5Sq Ft
2Garage
1923Year Built
02 / Overview

PROPERTY OVERVIEW

This well-appointed bungalow, originally constructed in 1923, seamlessly blends classic character with contemporary enhancements. Significant renovations have been completed, including a structural elevation in 1992 for installation of a full concrete basement. Subsequent upgrades in 1996 brought the home to a 1955 age standard as recognized by the Town assessment. The main floor offers an expansive, open-concept living area comprising both living and dining rooms suitable for hosting family gatherings. The kitchen, situated at the rear of the home, benefits...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area892.5 sq ft
Lot Size7,000 sq ft
ZoningR1
HeatingForced Air • Natural Gas
CoolingNone
ParkingAlley Access • Off Street • Parking Pad • RV Access/Parking
ExteriorGarden • Lighting • Rain Gutters • Storage
BasementFull
Year Built1923
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$2,064After mortgage & expenses
Cap Rate15.5%Based on market rents
Cash on Cash Return55.2%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

EDSON

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Investment ScoreN/A
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Listed by ELAINE TAYLOR · ROYAL LEPAGE EDSON REAL ESTATE