Active

PARKVALE

405, 4820 47 Avenue , Red Deer, AB

$93,000

Residential · MLS® A2309847
1Bedrooms
1Bathrooms
499.8Sq Ft
0Garage
1977Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this beautiful 1-bedroom, 1-bathroom condo with elevator access in the heart of downtown Red Deer, just steps away from Park, Recreation Center, and many best trails for walking and biking. This bright, well kept, open-concept unit has so many features including a spacious living room, kitchen with ample counter space and modern appliances, a large bedroom, and a full 4-piece bathroom. The building also offers an on-site property manager and assigned parking. The most spectacular point of...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys5
Total Finished Area499.8 sq ft
Lot Size504 sq ft
ZoningC-1
HeatingNatural Gas • Zoned
CoolingNone
ParkingNone • Off Street • Parking Pad
ExteriorNone
Year Built1977
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$295After mortgage & expenses
Cap Rate0.7%Based on market rents
Cash on Cash Return-19.0%With 20% down payment
Est. Monthly Rent$925Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

PARKVALE

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Yu jing Li · Grand Realty