Active
WEST PARK
5539 38 Street , Red Deer, AB
$319,900
Residential · MLS® A23296724Bedrooms
2Bathrooms
1,058Sq Ft
1Garage
1957Year Built
02 / Overview
PROPERTY OVERVIEW
Situated directly across the street from a playground and just steps from several schools, baseball diamonds, parks, and everyday shopping amenities, this well cared for bungalow offers an unbeatable location for families. Lovingly cared for by the same owners for the last 47 years, this home offers plenty of original character and an excellent opportunity to add your own personal touches over time. Sitting on a mature lot with a large backyard, this home also offers an oversized detached...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,058 sq ft
Lot Size6,725 sq ft
ZoningR-D
HeatingHigh Efficiency • Forced Air • Natural Gas
CoolingCentral Air
ParkingAlley Access • Garage Faces Rear • Oversized • Parking Pad • RV Access/Parking • Single Garage Detached
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built1957
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$558After mortgage & expenses
Cap Rate6.6%Based on market rents
Cash on Cash Return10.5%With 20% down payment
Est. Monthly Rent$2,052Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
WEST PARK
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Andrew Russell · RE/MAX real estate central alberta