Active

EAST COULEE

155 7 Street , Drumheller, AB

$189,000

Residential · MLS® A2324711
3Bedrooms
1Bathrooms
868Sq Ft
4Garage
1955Year Built
02 / Overview

PROPERTY OVERVIEW

This Bungalow is ready for occupancy with all new plumbing, new hot water tank, new sand point well with filter and a functional furnace. Previously a court ordered sale it was discovered that the plumbing had froze and several pipes had burst. Minimal damage occurred as the well was not functioning at the time. The home had been vacant for approximately 3 years. Sellers have removed several chattels from the home while the rest will be...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area868 sq ft
Lot Size7,602 sq ft
ZoningND
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorNone
BasementFull
Year Built1955
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$764After mortgage & expenses
Cap Rate9.3%Based on market rents
Cash on Cash Return24.3%With 20% down payment
Est. Monthly Rent$1,669Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

EAST COULEE

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Investment ScoreN/A
Avg Home PriceN/A
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Listed by Sherry Hummel · Royal LePage Wildrose Real Estate