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4920 50 Street , Islay, AB

$55,000

Residential · MLS® A2325231
3Bedrooms
1Bathrooms
1,177Sq Ft
2Garage
1982Year Built
02 / Overview

PROPERTY OVERVIEW

Located in the welcoming Community of Islay, this 1,177 sq. ft. manufactured home offers comfort, affordability, and plenty of potential. Featuring 3 bedrooms and 1 bathroom, this 1982 home has already seen several important updates, including newer flooring, a newer forced-air furnace, and shingles that are still in great condition. Bright and welcoming, it’s ready for its next chapter—simply bring your toothbrush, your vision, and make this home your own. Enjoy your morning coffee on the inviting front step or...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeManufactured House
Total Finished Area1,177 sq ft
Lot Size6,027 sq ft
Zoning5
HeatingForced Air • Natural Gas
CoolingNone
ParkingDriveway • Outside • Parking Pad
ExteriorOther
BasementNone
Year Built1982
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,860After mortgage & expenses
Cap Rate45.1%Based on market rents
Cash on Cash Return202.9%With 20% down payment
Est. Monthly Rent$2,210Based 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 Neesha Brown · RE/MAX OF LLOYDMINSTER