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SOUTH HILL

504, 4719 33 Street , Red Deer, AB

$164,900

Residential · MLS® A2315802
3Bedrooms
1Bathrooms
979Sq Ft
2Garage
1962Year Built
02 / Overview

PROPERTY OVERVIEW

Fabulous 3 bedroom 1.5 bath end unit townhome backing onto a common green space, located just steps away from the park, Red Deer's fabulous trail system, numerous shopping service amenities, and a few blocks from the hospital and Red Deer Polytechnic.. Affordable living in a great location! This home has had many upgrades over the years including the kitchen (approx. 5 years ago). Kitchen has stainless steel stove/fridge/dishwasher and over the range microwave. The balance of the main...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area979 sq ft
Lot Size490 sq ft
ZoningR-H
HeatingForced Air
CoolingNone
ParkingAsphalt • Assigned • Front Drive • Off Street • Stall
ExteriorCourtyard • Uncovered Courtyard
BasementFull
Year Built1962
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$589After mortgage & expenses
Cap Rate8.8%Based on market rents
Cash on Cash Return21.4%With 20% down payment
Est. Monthly Rent$1,863Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SOUTH HILL

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Investment ScoreN/A
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Listed by Brad Granlund · RCR - Royal Carpet Realty Ltd.