SE SOUTHRIDGE

265 Sprague Way Se, Medicine Hat, AB

$356,800

Residential · MLS® A2319951

4Bedrooms

4Bathrooms

1,392.61Sq Ft

2Garage

1990Year Built

02 / Overview

PROPERTY OVERVIEW

WELCOME TO 265 SPRAGUE WAY SE! This 4 bedroom, 4 bath home is ideally located in the highly sought-after Southridge neighbourhood! A fantastic family home , with GREAT NEIGHBOURS, that is situated just minutes away from 5 SCHOOLS (Dr. Roy Wilson, Notre Dame, George Davidson, St. Patrick’s, and Ecole Les Cypres! ALSO within WALKING DISTANCE to PLAYGROUNDS, WALKING PATHS, TENNIS COURTS, and numerous other amenities! As you step inside, you'll be greeted by a WELCOMING MAIN FLOOR filled with NATURAL...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeHouse

Total Finished Area1,392.61 sq ft

Lot Size7,421 sq ft

ZoningR-LD

HeatingForced Air • Natural Gas

CoolingCentral Air

ParkingAdditional Parking • Alley Access • Concrete Driveway • Double Garage Attached • Driveway • Garage Door Opener • Garage Faces Front

ExteriorNone

BasementFull

Year Built1990

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$954After mortgage & expenses

Cap Rate7.7%Based on market rents

Cash on Cash Return16.0%With 20% down payment

Est. Monthly Rent$2,637Based on comparable rentals

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

05 / Location

SE SOUTHRIDGE

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Investment ScoreN/A

Avg Home PriceN/A

Active ListingsN/A

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Listed by COLLEEN KELLY · ROYAL LEPAGE COMMUNITY REALTY