Interior Property Features:
3+2 Beds
1+1 Bathroom
1960 Built
Basement partial finished
Forced Air Furnace – Def. Maintenance but good working condition
Central AC unit
Water Heater – Replace 3 years ago
Electrical – 100 amp breaker
Plumbing – Copper
Exterior Property Features:
Zoning – R2
Stucco Exterior
Roof – 7 Years
Windows – Vinyl & Wood
Concrete Foundation
Wooden shed in the backyard.
Suggested Improvement:
Cosmetic Renovation (Paint, Carpet/flooring, Kitchen retouch)
Finish the partial basement and potential to suite basement for additional cashflow
ARV Comps:
6013 56 Street E, Taber
4/3 1005 sq.ft attached 1 car garage
Sold Date: Dec 16th, 2021
SP: 308,500
With adjustment for 1 bedroom and addtional sq.ft, we estimate ARV to be around 270k to 280k on subject property when fully maximize its potential
Preferred Strategy on this?
Buy and hold rental/BRRRR
Tons of backyard space to add extended 2 car garage or a workshop and maximize its cashflow potential
ADDTIONAL PROPERTY PICTURES:
https://drive.google.com/drive/folders/1taOMytf5MRzMTqVUoA_Fq3mDTIRQk_Dw?usp=sharing