Active
EASTVIEW
3943 38 Avenue , Red Deer, AB
$275,000
Residential · MLS® A23015713Bedrooms
2Bathrooms
978.98Sq Ft
1Garage
1959Year Built
02 / Overview
PROPERTY OVERVIEW
Excellent Opportunity for a Southside Home at an affordable price! This bungalow is in an excellent south side location. It’s on a quiet street in popular Eastview. Eastview has walkability to several schools, parks & shopping. The lot is huge with over 7,000 sq feet. The home has beautiful hardwood flooring throughout much of the main floor. The bedrooms require flooring. The home requires painting. The basement is mainly unfinished but has some framing & has a 2 piece bathroom....
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area978.98 sq ft
Lot Size7,066 sq ft
ZoningR-L
HeatingForced Air
CoolingNone
ParkingSingle Garage Detached
ExteriorNone
BasementFull
Year Built1959
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$574After mortgage & expenses
Cap Rate7.0%Based on market rents
Cash on Cash Return12.5%With 20% down payment
Est. Monthly Rent$1,863Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
EASTVIEW
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Brenda Bowness · Century 21 Maximum