Active
DOWNTOWN
332 Third Street W, Cochrane, AB
$549,000
Residential · MLS® A23181213Bedrooms
2Bathrooms
791.66Sq Ft
2Garage
1956Year Built
02 / Overview
PROPERTY OVERVIEW
***OPEN HOUSE THIS SATURDAY, JUNE 20th, FROM 1:30-3:30 PM*** This charming home sits on a generous 50 x 130 ft lot with exciting redevelopment potential near downtown Cochrane. A fully finished home today, combined with zoning consideration and the option to assemble with the neighbouring lot, makes this a compelling opportunity in a high-demand location. This unique property is one of the last remaining of its kind in downtown Cochrane.
This character-filled home has been lovingly maintained over the years...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area791.66 sq ft
Lot Size6,500 sq ft
ZoningR-LD
HeatingForced Air
CoolingNone
ParkingAttached Carport
ExteriorOther
BasementFull
Year Built1956
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$929After mortgage & expenses
Cap Rate2.4%Based on market rents
Cash on Cash Return-10.2%With 20% down payment
Est. Monthly Rent$1,535Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
DOWNTOWN
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Ken Morris · Royal LePage Benchmark