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1816 26 Avenue , Delburne, AB

$224,900

Residential · MLS® A2314523
3Bedrooms
2Bathrooms
1,141Sq Ft
2Garage
1995Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to small-town living in the growing community of Delburne, just 25 minutes east of Red Deer. This well-kept 1/2 duplex at 1816 26 Avenue offers comfortable living with several recent updates, including new upstairs flooring and stair finishes. The roof and hot water tank were both updated in 2021, along with newer appliances, including a 1-year-old fridge and dishwasher, plus a new washer and dryer.

Enjoy a bright main floor with spacious living and dining areas, large windows for natural...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,141 sq ft
Lot Size3,360 sq ft
ZoningR2
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • Parking Pad • RV Access/Parking
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built1995
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,062After mortgage & expenses
Cap Rate10.1%Based on market rents
Cash on Cash Return28.3%With 20% down payment
Est. Monthly Rent$2,147Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Pat MacDonell · Royal LePage Network Realty Corp.