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505 12 Avenue , Slave Lake, AB

$425,000

Residential · MLS® A2331689
4Bedrooms
3Bathrooms
1,233Sq Ft
2Garage
1979Year Built
02 / Overview

PROPERTY OVERVIEW

**Welcome to 505 12 Street SE!** This beautifully maintained 1979 four-level split offers the perfect blend of space, comfort, and thoughtful updates in a desirable neighbourhood close to walking trails.

The functional multi-level layout provides plenty of room for family living, featuring a spacious primary suite complete with a large walk-in closet and private 3-piece ensuite. Numerous updates throughout the home, including shingles, furnace, hot water tank, bathrooms, windows and flooring, provide peace of mind for years to come.

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03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,233 sq ft
Lot Size6,380 sq ft
ZoningR
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Attached • Off Street • Parking Pad
ExteriorBarbecue • BBQ gas line
BasementFull
Year Built1979
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$392After mortgage & expenses
Cap Rate5.6%Based on market rents
Cash on Cash Return5.5%With 20% down payment
Est. Monthly Rent$2,358Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Carmen Pearson · People 1st Realty