Active

MORRISROE

22 Mcintosh Avenue , Red Deer, AB

$339,000

Residential · MLS® A2318871
4Bedrooms
2Bathrooms
1,001.23Sq Ft
2Garage
1965Year Built
02 / Overview

PROPERTY OVERVIEW

Located in the family-friendly Morrisroe neighborhood, this four-bedroom plus office, bungalow half-duplex offers exceptional value for first-time buyers, downsizers or investors. The practical layout features three bedrooms and a full bathroom on the main floor, with an additional bedroom, bathroom, and dedicated office space downstairs.

Substantial mechanical and structural updates provide long-term peace of mind. Key improvements include a new furnace, central air conditioning, a replaced sewer line, new carpets, new paint and new energy-efficient triple-pane windows throughout nearly the entire...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,001.23 sq ft
Lot Size3,474 sq ft
ZoningR-D
HeatingForced Air • Heat Pump • Natural Gas
CoolingOther
ParkingOff Street
ExteriorGarden • Storage
BasementFull
Year Built1965
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$380After mortgage & expenses
Cap Rate5.8%Based on market rents
Cash on Cash Return6.7%With 20% down payment
Est. Monthly Rent$1,952Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MORRISROE

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Investment ScoreN/A
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Active ListingsN/A

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Listed by Karen Sernecky · Royal LePage Network Realty Corp.