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THICKWOOD

115 Raven Place , Fort McMurray, AB

$139,000

Residential · MLS® A2298098
2Bedrooms
2Bathrooms
538Sq Ft
2Garage
1977Year Built
02 / Overview

PROPERTY OVERVIEW

Located in the heart of the established Lower Thickwood neighborhood, this 2-bedroom, 1.5-bathroom townhome represents a premier opportunity for first-time buyers and investors to build instant equity. The property’s standout feature is the complete absence of condo fees, offering the rare freedom of full ownership and lower monthly overhead. Inside, the home boasts a functional and bright layout featuring vinyl windows and durable laminate and lino flooring. The main floor offers a sun-filled living area and a practical kitchen that...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFour Plex
Total Finished Area538 sq ft
Lot Size2,160 sq ft
ZoningR3
HeatingForced Air
CoolingNone
ParkingOutside • Rear Drive • Stall
ExteriorOther
BasementOther
Year Built1977
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$386After mortgage & expenses
Cap Rate7.8%Based on market rents
Cash on Cash Return16.6%With 20% down payment
Est. Monthly Rent$1,042Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

THICKWOOD

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by BRETT CAMPBELL · ROYAL LEPAGE BENCHMARK