$529,900
Residential · MLS® A22801604Bedrooms
2Bathrooms
889.8Sq Ft
3Garage
1972Year Built
02 / Overview
PROPERTY OVERVIEW
I am excited to share a new listing for a beautifully renovated half-duplex with LEGAL basement suite located in the heart of Bowness, situated just two blocks from the new Superstore and Bow River Shopping Center. This property represents an exceptional opportunity for both first-time buyers and investors.
The home features a sunny, front-facing orientation and has been extensively updated. The main floor welcomes you with new luxury vinyl plank flooring and a bright living room that opens onto a front-facing...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area889.8 sq ft
Lot Size2,992 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorFire Pit • Private Entrance
BasementFull
Year Built1972
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$591After mortgage & expenses
Cap Rate3.1%Based on market rents
Cash on Cash Return-6.7%With 20% down payment
Est. Monthly Rent$1,757Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
BOWNESS
Moderate InvestmentLoading map...
Investment Score65/100
Avg Home Price$843K
Active Listings41
Listed by Chris Richter · RE/MAX House of Real Estate