NONE

5139 51 Avenue , Caroline, AB

$160,000

Residential · MLS® A2316870

2Bedrooms

1Bathrooms

672.66Sq Ft

2Garage

1961Year Built

02 / Overview

PROPERTY OVERVIEW

MECHANIC'S DREAM IN CAROLINE - HEATED 20X30 SHOP The shop is the star of the show! This impressive 20’ x 30’ heated workshop is in excellent condition and features concrete floors, drywall-finished walls, a durable metal ceiling, wood stove heat, and an engine lift. Whether you’re a mechanic, welder, woodworker, outdoor enthusiast, or simply need exceptional storage and workspace, this shop is ready to go. Situated on a fully serviced 6,000 sq. ft. corner lot in Caroline, the gateway...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeManufactured House

Total Finished Area672.66 sq ft

Lot Size6,000 sq ft

ZoningHR

HeatingElectric • Space Heater • Wood • Wood Stove

CoolingNone

ParkingAlley Access • Enclosed • Heated Garage • Insulated • On Street • Outside • Oversized • Quad or More Detached • Rear Drive • RV Access/Parking • Workshop in Garage

ExteriorPrivate Yard

BasementNone

Year Built1961

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$517After mortgage & expenses

Cap Rate8.3%Based on market rents

Cash on Cash Return19.4%With 20% down payment

Est. Monthly Rent$1,277Based on comparable rentals

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

05 / Location

NONE

Needs Review

Loading map...

Investment Score53/100

Avg Home PriceN/A

Active ListingsN/A

Listed by Shelley Kohut · REMAX ACA Realty