Active

SW HILL

261 9 Street Sw, Medicine Hat, AB

$348,888

Residential · MLS® A2317305
4Bedrooms
2Bathrooms
1,271Sq Ft
1Garage
1956Year Built
02 / Overview

PROPERTY OVERVIEW

ATTENTION FAMILIES & INVESTORS!!!

Welcome to this BEAUTIFUL BUNGALOW nestled in the highly desirable SW HILL NEIGHBORHOOD, where CONVENIENCE, COMFORT, AND OPPORTUNITY come together!!! With a PRESCHOOL AND ELEMENTARY SCHOOL just steps away, this home offers an IDEAL LOCATION FOR GROWING FAMILIES while also presenting an EXCELLENT INVESTMENT OPPORTUNITY!!!

The main floor features 3 BEDROOMS, a FULL RENOVATED BATHROOM, and STUNNING HARDWOOD FLOORING that adds warmth and character throughout!!! The inviting dining area provides the PERFECT SETTING FOR FAMILY GATHERINGS AND ENTERTAINING...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,271 sq ft
Lot Size6,250 sq ft
ZoningR-LD
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingAlley Access • Garage Faces Rear • On Street • Single Garage Detached
ExteriorPlayground • Private Yard
BasementFull
Year Built1956
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,523After mortgage & expenses
Cap Rate9.7%Based on market rents
Cash on Cash Return26.2%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SW HILL

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Investment ScoreN/A
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Listed by COLLEEN KELLY · ROYAL LEPAGE COMMUNITY REALTY