Active
DOWNTOWN LACOMBE
5607 48 Avenue , Lacombe, AB
$424,000
Residential · MLS® A22845565Bedrooms
2Bathrooms
1,112Sq Ft
2Garage
1972Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to 5607 48 Avenue in Lacombe – a spacious home with extensive updates and a versatile floor plan. The main floor has undergone substantial renovation, including new flooring, a fully updated kitchen, a new 4-piece bathroom, and fresh paint throughout. The lower level has also been refreshed with a renovated 3-piece bathroom, new paint, and features a large family room highlighted by a brick-facing natural gas fireplace. The main level includes three bedrooms, with one currently set up as...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,112 sq ft
Lot Size9,900 sq ft
ZoningR1
HeatingCentral • Forced Air • Natural Gas
CoolingNone
ParkingCarport • Single Garage Detached
ExteriorFire Pit
BasementFull
Year Built1972
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,196After mortgage & expenses
Cap Rate7.8%Based on market rents
Cash on Cash Return16.9%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
DOWNTOWN LACOMBE
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Investment ScoreN/A
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Active ListingsN/A
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Listed by Colette Aubin · Real Estate 2.0 Inc.