Active
VERMILION
4709 48b Avenue , Vermilion, AB
$139,000
Residential · MLS® A23331713Bedrooms
1Bathrooms
828Sq Ft
2Garage
1935Year Built
02 / Overview
PROPERTY OVERVIEW
Thoroughly-Renovated Bungalow, Situated on a Fully Fenced, 6,000 SQ FT lot, Near the Schools. Bone-Dry basement since landscaping work has been done. Updates Include: Brand new 100A electrical panel, vinyl window inserts, new water main & sewage line, along with a renovated kitchen & bathroom. Half of the roof is new as of this year. The fully fenced backyard (2024) supplies a secluded feel with no residential neighbours behind. Vacant & can accommodate an immediate possession transfer.
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area828 sq ft
Lot Size6,000 sq ft
ZoningR2
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorOther
BasementPartial
Year Built1935
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$915After mortgage & expenses
Cap Rate12.4%Based on market rents
Cash on Cash Return39.5%With 20% down payment
Est. Monthly Rent$1,599Based on comparable rentals
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05 / Location
VERMILION
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Listed by Doug Charlesworth · Vermilion Realty