Active
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5221 51 Avenue , Vermilion, AB
$275,000
Residential · MLS® A23299915Bedrooms
3Bathrooms
1,740Sq Ft
1Garage
1952Year Built
02 / Overview
PROPERTY OVERVIEW
Spacious 1.5 Storey Home with 4 large bedrooms & 2 nice Baths. Recently repainted with several renovations, clean and ready to move-in. Main floor & upper level are Vacant. Basement has a good long-term tenant to help offset your general household expenses. Large fenced backyard and single garage. Renovated Basement Living Space (illegal suite) with back door access. Home comes with all Appliances for upper Living Areas plus the basement, along with shared Laundry....
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,740 sq ft
Lot Size6,000 sq ft
ZoningR2-Residential
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • Single Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1952
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,844After mortgage & expenses
Cap Rate12.5%Based on market rents
Cash on Cash Return40.2%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
NONE
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Paul Corbiere · Real Estate Centre - Vermilion