Active

EAST COULEE

261 1 Avenue , Drumheller, AB

$219,900

Residential · MLS® A2316224
2Bedrooms
1Bathrooms
735Sq Ft
6Garage
1935Year Built
02 / Overview

PROPERTY OVERVIEW

With Stunning unobstructed views of the Canadian Badlands in EVERY direction. This Very Special property has been well maintained and lovingly cared for. With upgraded shingles maintaining the historical color. 100AMP Panel, and newer Drilled well (40 ft) Located with 4 inclusive lots, fenced with party parking for 6 vehicles, RV Parking with sewer hookup and access to energized plug. Firepit area and garden shed. Inside the Home you'll find Kitchen with ample cupboards, main floor laundry, 3pc bathroom,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area735 sq ft
Lot Size11,992 sq ft
ZoningND
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • RV Access/Parking
ExteriorFire Pit • Private Yard • Rain Barrel/Cistern(s) • RV Hookup • Storage
BasementPartial
Year Built1935
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$361After mortgage & expenses
Cap Rate6.4%Based on market rents
Cash on Cash Return9.8%With 20% down payment
Est. Monthly Rent$1,386Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

EAST COULEE

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Investment ScoreN/A
Avg Home PriceN/A
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Listed by Heather VanDyk · RE/MAX Now