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SOUTHVIEW-PARK MEADOWS

205, 3090 15 Avenue Se, Medicine Hat, AB

$220,000

Residential · MLS® A2322900
2Bedrooms
2Bathrooms
1,032Sq Ft
1Garage
1988Year Built
02 / Overview

PROPERTY OVERVIEW

This unit has seen some recent improvements on top of being loved and extremely well cared for by the current owners. Two bedroom, open style layout, in-suite laundry room, secure underground parking and storage this property is close to the elevator and faces east for incredible natural light. The Southview Villas 1&11 are well managed, super clean with the convenient location within walking distance to; shopping, coffee shops, banking, Dr. offices, good recreational facilities and much more. ...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys3
Total Finished Area1,032 sq ft
ZoningR-MD
HeatingBoiler
CoolingWall Unit(s)
ParkingUnderground
ExteriorBalcony • Storage
Year Built1988
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$304After mortgage & expenses
Cap Rate6.1%Based on market rents
Cash on Cash Return8.3%With 20% down payment
Est. Monthly Rent$1,906Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SOUTHVIEW-PARK MEADOWS

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Investment ScoreN/A
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Listed by CHERRY MCLENNAN · RIVER STREET REAL ESTATE