Active

ORIOLE PARK

47 Olsen Street , Red Deer, AB

$399,900

Residential · MLS® A2298696
3Bedrooms
1Bathrooms
986.41Sq Ft
1Garage
1971Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this charming and move-in ready 3-bedroom bungalow, perfect for first-time buyers, downsizers, or investors, located in the desirable community of Oriole Park. The main floor features three comfortable bedrooms and a full bathroom, offering a functional and family-friendly layout.

This home has seen several recent updates, including fresh paint throughout, new vinyl flooring, updated countertops, and modern lighting, giving it a bright and refreshed feel from the moment you step inside.

The partially finished basement offers additional living space with...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area986.41 sq ft
Lot Size7,088 sq ft
ZoningR-L
HeatingForced Air
CoolingNone
ParkingSingle Garage Detached
ExteriorOther
BasementFull
Year Built1971
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$43After mortgage & expenses
Cap Rate4.6%Based on market rents
Cash on Cash Return0.7%With 20% down payment
Est. Monthly Rent$1,876Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ORIOLE PARK

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

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Listed by Quisha Yee · Royal LePage Network Realty Corp.