Active
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4911 53 Avenue , Grimshaw, AB
$150,000
Residential · MLS® A23250102Bedrooms
1Bathrooms
921Sq Ft
0Garage
1946Year Built
02 / Overview
PROPERTY OVERVIEW
Step into the charm of this 1946 gem, nestled right in the heart of Grimshaw! This inviting two bedroom, one bathroom home blends vintage character with a cozy atmosphere. The unfinished basement is perfect for extra storage or future projects. While the home needs a little TLC, many updates have already been taken care of. It’s a fantastic opportunity for investors, first time buyers, or anyone looking to build equity at an affordable price. Check out the 360 tour available...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area921 sq ft
Lot Size6,000 sq ft
ZoningR2
HeatingForced Air • Natural Gas
CoolingNone
ParkingDrive Through • Driveway • Off Street
ExteriorOther
BasementFull
Year Built1946
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$974After mortgage & expenses
Cap Rate12.3%Based on market rents
Cash on Cash Return39.0%With 20% down payment
Est. Monthly Rent$1,712Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
NONE
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Amber Marcoux · RE/MAX Northern Realty