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214 Gleichen Street , Gleichen, AB

$239,900

Residential · MLS® A2324261
2Bedrooms
2Bathrooms
1,135Sq Ft
2Garage
1973Year Built
02 / Overview

PROPERTY OVERVIEW

Great opportunity in the quiet community of Gleichen! Situated on THREE lots with an approximate 50' x 170' FULLY FENCED, this 2-bedroom, 2-bathroom single-wide home offers 1,135 sq. ft. of main-floor living space and plenty of room to enjoy outdoor living, storage, parking, gardening, or future potential. The property features back-lane access, mature trees, multiple sheds, two porch/mudroom entries, and two newer decks. Inside, you’ll find a functional layout with a spacious kitchen and eating area, comfortable living room with...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,135 sq ft
Lot Size9,338 sq ft
ZoningHRG Hamlet
HeatingForced Air • Propane • Wood Stove
CoolingNone
ParkingParking Pad • RV Access/Parking • Single Garage Detached
ExteriorGarden • Private Entrance • Private Yard • Rain Gutters • Storage
BasementNone
Year Built1973
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$939After mortgage & expenses
Cap Rate9.2%Based on market rents
Cash on Cash Return23.5%With 20% down payment
Est. Monthly Rent$2,086Based 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 Joshua O'Brien · Real Broker