Active

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3(c), 4406 Lake Drive , Coalhurst, AB

$222,500

Residential · MLS® A2305696
3Bedrooms
2Bathrooms
558Sq Ft
1Garage
2010Year Built
02 / Overview

PROPERTY OVERVIEW

This large and bright Coalhurst four-plex condo unit is perfect for a young family, investor, professional, or student! This property is located right down the street from a beautiful park in a quiet neighborhood with quick access to the highway. The bright main floor comes complete with a powder room, dining area, a large open-concept living space, and balcony. In the kitchen, you'll find plenty of cupboard storage, a corner pantry, and a convenient kitchen island with breakfast bar, power...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFour Plex
Total Finished Area558 sq ft
ZoningR
HeatingForced Air
CoolingNone
ParkingOff Street • Parking Pad
ExteriorOther
BasementFull
Year Built2010
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$192After mortgage & expenses
Cap Rate3.4%Based on market rents
Cash on Cash Return-5.2%With 20% down payment
Est. Monthly Rent$1,127Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by JOHN GULIKER · Grassroots Realty Group