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121 2 Avenue , Falher, AB
$199,500
Residential · MLS® A23040491Bedrooms
2Bathrooms
1,054Sq Ft
1Garage
1970Year Built
02 / Overview
PROPERTY OVERVIEW
Built in 1970, this well-maintained 1,054 sq. ft. one-bedroom home is ready for new owners and offers a great blend of comfort and recent upgrades.
The home has undergone numerous updates, including two renovated bathrooms, new exterior doors (plus a screen door), updated light fixtures and ceiling fans, and new appliances in both the kitchen and laundry room. The kitchen has also been refreshed with a new sink and faucet, while the furnace has been completely revamped for added efficiency and...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,054 sq ft
Lot Size7,939 sq ft
ZoningR2
HeatingForced Air • Natural Gas
CoolingNone
ParkingAlley Access • Drive Through • Driveway • Garage Door Opener • Off Street • Paved
ExteriorNone
BasementFull
Year Built1970
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$933After mortgage & expenses
Cap Rate10.1%Based on market rents
Cash on Cash Return28.1%With 20% down payment
Est. Monthly Rent$1,895Based on comparable rentals
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05 / Location
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by George Leger · Royal LePage Valley Realty