Active

FOREST HEIGHTS

4513 Forman Crescent Se, Calgary, AB

$560,000

Residential · MLS® A2297736
3Bedrooms
2Bathrooms
1,026.67Sq Ft
7Garage
1961Year Built
02 / Overview

PROPERTY OVERVIEW

This is a unique property that offers a multitude of potential! Located on a quiet crescent, within walking distance to two elementary schools and the community center which offers a playground, hockey rinks, soccer and baseball fields. The outstanding feature this property has to offer is the massive detached garage which is the ultimate dream space for a mechanic, hobbyist or car enthusiast. This 24'11" x 44'11" garage is insulated and heated with it's own furnace room, includes 220...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,026.67 sq ft
Lot Size5,608 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
Parking220 Volt Wiring • Alley Access • Garage Door Opener • Garage Faces Rear • Heated Garage • Insulated • On Street • Outside • Oversized • Quad or More Detached
ExteriorStorage
BasementFull
Year Built1961
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$585After mortgage & expenses
Cap Rate3.2%Based on market rents
Cash on Cash Return-6.3%With 20% down payment
Est. Monthly Rent$1,947Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

FOREST HEIGHTS

Needs Review
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Investment Score55/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Trudi Burnham · MaxWell Capital Realty