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318 Railway Avenue W, Hanna, AB

$59,900

Residential · MLS® A2320353
2Bedrooms
1Bathrooms
882Sq Ft
4Garage
1976Year Built
02 / Overview

PROPERTY OVERVIEW

Priced to sell — and a great opportunity whether you are a first-time buyer, looking to downsize, or adding to your investment portfolio. This 1976 mobile home offers 882 square feet with 2 bedrooms and 1 bathroom, and just like the land it sits on, it is yours outright — no trailer park, no lot fees. Inside, the south-facing living room sits at the front of the home with views out over the CN Reservoir — a lovely spot to...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeManufactured House
Total Finished Area882 sq ft
Lot Size6,250 sq ft
ZoningMD
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorGarden
BasementNone
Year Built1976
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,301After mortgage & expenses
Cap Rate30.5%Based on market rents
Cash on Cash Return130.3%With 20% down payment
Est. Monthly Rent$1,644Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Elissa Kurbis · eXp Realty