Active
PATTERSON PLACE
9934 Prairie Road , Grande Prairie, AB
$347,000
Residential · MLS® A23283047Bedrooms
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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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Laura Sikorski · Real Broker