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223 2 Street N, Vulcan, AB
$150,000
Residential · MLS® A23140473Bedrooms
1Bathrooms
1,135Sq Ft
1Garage
1935Year Built
02 / Overview
PROPERTY OVERVIEW
Set on a large 50 x 115 ft lot in the quiet community of Vulcan, this 1930s character home has the kind of charm that makes you smile the second you walk up. It’s warm, a little nostalgic, full of personality, and refreshingly unpretentious. The kind of home where creaky floors somehow add to the story, not take away from it. Some of the bigger updates have already been taken care of too, including a high quality 30 year roof...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,135 sq ft
Lot Size5,763 sq ft
ZoningR-1
HeatingFireplace(s) • Forced Air • Natural Gas • Wood
CoolingNone
ParkingParking Pad • Single Garage Detached
ExteriorNone
BasementFull
Year Built1935
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,377After mortgage & expenses
Cap Rate15.5%Based on market rents
Cash on Cash Return55.1%With 20% down payment
Est. Monthly Rent$2,136Based 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 Ilona Drost · Real Broker