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ORIOLE PARK WEST

102, 6220 Orr Drive , Red Deer, AB

$299,900

Residential · MLS® A2325463
3Bedrooms
3Bathrooms
1,326Sq Ft
1Garage
2005Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this well-maintained 2-storey home offering 1,326 sq ft above grade with a functional and comfortable layout. The main floor features a bright living area, dining space, and a well-appointed kitchen, along with a convenient 2-piece bathroom and flex room—perfect for a home office or additional living space.

Upstairs, you’ll find 3 bedrooms including a primary with a 3-piece ensuite, plus a full 4-piece bathroom. The basement is unfinished, providing great potential for future development.

Additional highlights include an attached garage....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,326 sq ft
Lot Size3,960 sq ft
ZoningR1A
HeatingForced Air
CoolingNone
ParkingSingle Garage Attached
ExteriorBBQ gas line
BasementFull
Year Built2005
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$625After mortgage & expenses
Cap Rate7.0%Based on market rents
Cash on Cash Return12.5%With 20% down payment
Est. Monthly Rent$2,471Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ORIOLE PARK WEST

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Investment ScoreN/A
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Listed by Ty Elliott · RE/MAX real estate central alberta