Active
GLAMORGAN
4511 Richmond Road Sw, Calgary, AB
$644,900
Residential · MLS® A23250013Bedrooms
2Bathrooms
1,082.04Sq Ft
2Garage
1960Year Built
02 / Overview
PROPERTY OVERVIEW
MOVE, RENT, RENO, or DEVELOP: 1 Property, 4 Ways to Win. |
This home offers a solid foundation today combined with exceptional long-term potential. This is a unique opportunity for a savvy buyer.
Set on a HUGE and rare 7,000 SQ FT. reverse PIE LOT with an impressive 68-FOOT FRONTAGE, 4511 Richmond Road SW can easily be moved into, or rented out and held for development. This 1960’s BUNGALOW sits on a nearly 1100 sq foot foundation with a detached...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,082.04 sq ft
Lot Size7,018 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
Parking220 Volt Wiring • Alley Access • Double Garage Detached • Garage Door Opener • Heated Garage • Oversized • Parking Pad
ExteriorPrivate Yard
BasementFull
Year Built1960
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$862After mortgage & expenses
Cap Rate2.9%Based on market rents
Cash on Cash Return-8.0%With 20% down payment
Est. Monthly Rent$2,044Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
GLAMORGAN
Moderate InvestmentLoading map...
Investment Score65/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Christopher Audette · RE/MAX First