Active

MORRISROE EXTENSION

7 Mclevin Crescent , Red Deer, AB

$385,000

Residential ยท MLSยฎ A2298011
3Bedrooms
2Bathrooms
1,101.79Sq Ft
2Garage
1981Year Built
02 / Overview

PROPERTY OVERVIEW

This beautifully maintained 4-bedroom, 2-bathroom home sits on a prime corner lot directly across from a peaceful green space, offering the perfect blend of modern upgrades and classic comfort. The heart of the home is the newly updated kitchen, which comes complete with a full suite of appliances and sits adjacent to a thoughtfully designed back extension added in 2014. Throughout the main level, you'll find newer vinyl windows and several updates that lead out to an extended front porch,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,101.79 sq ft
Lot Size6,217 sq ft
ZoningR-L
HeatingCentral
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1981
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$300After mortgage & expenses
Cap Rate5.4%Based on market rents
Cash on Cash Return4.7%With 20% down payment
Est. Monthly Rent$2,078Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MORRISROE EXTENSION

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Investment ScoreN/A
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Listed by Chantel Applin ยท Royal LePage Network Realty Corp.