Active

ORIOLE PARK

119 Overdown Drive , Red Deer, AB

$240,000

Residential · MLS® A2323530
3Bedrooms
2Bathrooms
818Sq Ft
0Garage
1978Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to 119 Overdown Drive in Red Deer a fantastic opportunity for first-time home buyers, investors, or anyone looking for affordable home ownership!This half duplex offers a functional layout with some great space to entertain. The main floor features two comfortable bedrooms, a full bathroom, and a spacious living room that flows seamlessly into the kitchen and dining area, creating a welcoming space for everyday living and entertaining.Downstairs, you'll find a large family room that's perfect for movie nights, kids'...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area818 sq ft
Lot Size3,840 sq ft
ZoningR-D
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorPrivate Yard • Storage
BasementFull
Year Built1978
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$459After mortgage & expenses
Cap Rate6.8%Based on market rents
Cash on Cash Return11.5%With 20% down payment
Est. Monthly Rent$1,582Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ORIOLE PARK

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Garret Cook · eXp Realty - Red Deer