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299 3rd Avenue Se, Diamond Valley, AB

$649,000

Residential · MLS® A2323305
3Bedrooms
2Bathrooms
1,657Sq Ft
1Garage
1974Year Built
02 / Overview

PROPERTY OVERVIEW

What a great investment opportunity... Located in Diamond Valley this property features a 1,666 sq ft modular home with 3 bedrooms, an addition and an attached garage, situated on a large 268 x 165 foot lot. Located in a quiet area, the property is in excellent condition, surrounded by mature trees, and offers an incredible mountain view. This property has it's own water well and a septic tank and field. Any future development would require town services put into...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,657 sq ft
Lot Size44,666 sq ft
ZoningUR
HeatingForced Air
CoolingNone
ParkingSingle Garage Attached
ExteriorPrivate Yard • Storage
BasementNone
Year Built1974
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$76After mortgage & expenses
Cap Rate4.6%Based on market rents
Cash on Cash Return0.7%With 20% down payment
Est. Monthly Rent$3,050Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Sam Johnson · Royal LePage Solutions