OLD TOWN

112 Albert Street Se, Airdrie, AB

$399,900

Residential · MLS® A2314937

4Bedrooms

2Bathrooms

1,079.6Sq Ft

4Garage

1977Year Built

02 / Overview

PROPERTY OVERVIEW

OPEN HOUSE - Saturday, June 20th from 11:30 - 1:15. Don’t miss this fantastic opportunity to own a fully developed bi-level home with an illegal basement suite — ideal for investors or first-time buyers seeking mortgage support through rental income. Conveniently located in the heart of Old Town Airdrie, this property is within walking distance to schools, shopping, restaurants, parks, and everyday amenities. The main floor features 2 spacious bedrooms, a bright and functional kitchen, and a large...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeDuplex

Total Finished Area1,079.6 sq ft

Lot Size3,255 sq ft

ZoningR2

HeatingForced Air • Natural Gas

CoolingNone

ParkingOff Street

ExteriorAwning(s)

BasementFull

Year Built1977

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$246After mortgage & expenses

Cap Rate5.2%Based on market rents

Cash on Cash Return3.7%With 20% down payment

Est. Monthly Rent$2,089Based on comparable rentals

Want to run your own numbers?Customize down payment, rates, and rental assumptions

05 / Location

OLD TOWN

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Investment ScoreN/A

Avg Home PriceN/A

Active ListingsN/A

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Listed by Jean Buchanan · RE/MAX Rocky View Real Estate