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FAIRVIEW

Unit 3, 1 Fir Street , Red Deer, AB

$239,000

Residential · MLS® A2302980
2Bedrooms
3Bathrooms
1,020Sq Ft
2Garage
1965Year Built
02 / Overview

PROPERTY OVERVIEW

Location across the street from BOWER PONDS,this up dated townhouse is ready for a new family.Two bedroom upper level with 4 piece bath,main floor kitchen/dinette and living room with two piece bathroom.Fully developed basement family room and 4 piece bathroom.Parking is off street 1 tandem stall with electric outlet.Close to schools shopping and river trails.Great starter or retirement home in quiet area,easy access to highway 2 and 11,close to downtown.

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area1,020 sq ft
ZoningR3
HeatingCentral • Forced Air
CoolingNone
ParkingAssigned • Off Street • Tandem
ExteriorGarden
BasementFull
Year Built1965
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$402After mortgage & expenses
Cap Rate6.5%Based on market rents
Cash on Cash Return10.1%With 20% down payment
Est. Monthly Rent$1,885Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

FAIRVIEW

Moderate Investment
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Investment Score70/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Ted Iverson · Royal LePage Network Realty Corp.