Active

PATTERSON PLACE

9934 Prairie Road , Grande Prairie, AB

$347,000

Residential · MLS® A2328304
7Bedrooms
2Bathrooms
959Sq Ft
5Garage
1974Year Built
02 / Overview

PROPERTY OVERVIEW

A great investment opportunity in Patterson, with seven bedrooms, two bathrooms, a large yard and space to build a garage. The main level features a bright, spacious living room with a large window, an updated kitchen with white cabinetry. There are three bedrooms and a full bathroom to complete the main floor. The lower level offers four additional bedrooms, one bathroom, and laundry/ storage space, providing a functional layout for accommodating multiple occupants. Outside, the large covered deck overlooks...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area959 sq ft
Lot Size6,270 sq ft
ZoningRG
HeatingForced Air
CoolingNone
ParkingOff Street • Parking Pad
ExteriorOther
BasementFull
Year Built1974
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$418After mortgage & expenses
Cap Rate5.9%Based on market rents
Cash on Cash Return7.2%With 20% down payment
Est. Monthly Rent$2,028Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

PATTERSON PLACE

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Listed by Laura Sikorski · Real Broker