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LINCOLN PARK

38 Richelieu Court Sw, Calgary, AB

$510,000

Residential · MLS® A2300481
2Bedrooms
3Bathrooms
1,143.37Sq Ft
2Garage
1992Year Built
02 / Overview

PROPERTY OVERVIEW

A truly exceptional opportunity for down sizers, right sizers, Villa seekers, or the adult seeking a quiet, convenient, established, and thoroughly upgraded place to call home. Pride of ownership on display throughout this 2 bedroom up bungalow with a double attached garage via the walk out lower level. Stepping in from the front door you enter the very large bright main living area featuring hardwood, multiple pot lights, a corner gas fireplace, a dramatic chandelier and bay window....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFour Plex
Total Finished Area1,143.37 sq ft
ZoningM-CG d44
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Attached
ExteriorPrivate Entrance
BasementFull
Year Built1992
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$817After mortgage & expenses
Cap Rate2.5%Based on market rents
Cash on Cash Return-9.6%With 20% down payment
Est. Monthly Rent$2,101Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LINCOLN PARK

Strong Investment
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Investment Score82/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Jeff Rice · RE/MAX Complete Realty