Active
GLENDALE PARK ESTATES
9 Griffiths Avenue , Red Deer, AB
$244,900
Residential · MLS® A23242563Bedrooms
2Bathrooms
773.05Sq Ft
2Garage
1980Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this charming bi-level duplex in the mature community of Glendale. An excellent opportunity for first-time home buyers, downsizers, or investors. Situated on a spacious, mature, fully fenced lot, this well-maintained home offers 3 bedrooms, 1.5 bathrooms and a functional bi-level floor plan. The bright main floor features a welcoming living room where oversized sliding patio doors fill the space with natural light and lead to a newly built front balcony, the perfect place to enjoy your morning coffee....
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area773.05 sq ft
Lot Size3,440 sq ft
ZoningR-D
HeatingForced Air • Natural Gas
CoolingNone
ParkingConcrete Driveway • Off Street • Parking Pad
ExteriorBalcony • Private Yard
BasementFull
Year Built1980
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$363After mortgage & expenses
Cap Rate6.3%Based on market rents
Cash on Cash Return8.9%With 20% down payment
Est. Monthly Rent$1,503Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
GLENDALE PARK ESTATES
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Investment ScoreN/A
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Listed by Meaghan Cooney · CIR Realty