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FORESTBURG

5602 47 Avenue W, Forestburg, AB

$245,000

Residential · MLS® A2313655
4Bedrooms
3Bathrooms
1,300Sq Ft
2Garage
1978Year Built
02 / Overview

PROPERTY OVERVIEW

Take a look at this perfect family home. Located in a great neighborhood. 1300sqft. Bungalow, four bedrooms, two full bathrooms and a two-piece ensuite. A few reno’s over the years include; on demand hot water tank, flooring, paint, light fixtures, interior doors just to mention a few. As you step in, you will appreciate the large living room with a bay window. The spacious kitchen has the added bonus of a large peninsula to gather your family or entertain friends....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,300 sq ft
Lot Size7,475 sq ft
ZoningR1
HeatingHigh Efficiency • Forced Air • Natural Gas
CoolingNone
ParkingConcrete Driveway • Double Garage Detached • Driveway • Off Street • Parking Pad • RV Access/Parking
ExteriorOther
BasementFull
Year Built1978
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,286After mortgage & expenses
Cap Rate10.8%Based on market rents
Cash on Cash Return31.5%With 20% down payment
Est. Monthly Rent$2,475Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

FORESTBURG

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Investment ScoreN/A
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Listed by Corey Jacobsen · Royal LePage Rose Country Realty