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MILLRISE

55 Millrise Way Sw, Calgary, AB

$710,000

Residential · MLS® A2310461
1Bedrooms
1Bathrooms
2,127.7Sq Ft
2Garage
1985Year Built
02 / Overview

PROPERTY OVERVIEW

THE PERFECT FIXER UPPER FOR CONTRACTORS OR FAMILIES LOOKING TO MOVE INTO A QUIET FAMILY NEIGHBOURHOOD AND BUILD EQUITY FOR THE FUTURE! Unique Opportunity to live in a 2174 SQFT home with a fully developed lower level and a total of 6-bedroom, 3.5 bath home in the sought after community of Millrise!! Special features include oversized bright and sunny windows overlooking a large Park with playground. The living room has soaring, vaulted ceilings. A cozy family room with brick clad...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,127.7 sq ft
Lot Size5,511 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingDouble Garage Attached • Driveway
ExteriorPrivate Yard
BasementFull
Year Built1985
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$497After mortgage & expenses
Cap Rate5.3%Based on market rents
Cash on Cash Return4.2%With 20% down payment
Est. Monthly Rent$3,773Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MILLRISE

Moderate Investment
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Investment Score65/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Dianne Brown · RE/MAX Landan Real Estate