Active

PARKVALE

4645 47 Street , Red Deer, AB

$297,900

Residential · MLS® A2328431
3Bedrooms
2Bathrooms
997Sq Ft
1Garage
1947Year Built
02 / Overview

PROPERTY OVERVIEW

Great charm and character are easy to find in this 997 sqft Parkvale Bunglow! The main level is finished with original hardwood floors throughout, 2 massive bedrooms , 4 piece bathroom and an open concept kitchen and dining room. The kitchen holds loads of potential with excess room to add an island. The spacious dining room has a window looking out onto the park. The basement renovation is 80% complete with many upgrades in the past few months....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area997 sq ft
Lot Size6,388 sq ft
ZoningR-L
HeatingForced Air
CoolingNone
ParkingOff Street • Parking Pad • RV Access/Parking • Single Garage Detached
ExteriorOther
BasementFull
Year Built1947
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,745After mortgage & expenses
Cap Rate11.5%Based on market rents
Cash on Cash Return35.1%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

PARKVALE

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Investment ScoreN/A
Avg Home PriceN/A
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Listed by Aaron Thulien · RE/MAX real estate central alberta