$659,000

Residential · MLS® A2285265
3Bedrooms
2Bathrooms
1,944.45Sq Ft
2Garage
1975Year Built
02 / Overview

PROPERTY OVERVIEW

Do you want small-town country living? Located 2 1/4 miles from the village of Lomond and 50 minutes from Lethbridge, this 8.18 acre property has three bedrooms, two bathrooms and features two fireplaces (one wood-burning and one gas), an office space, double car garage and the largest pantry you’ve EVER seen. This home has a new tin roof and septic field and tank recently installed. Additional buildings include a steel heated insulated 40'X40' concrete floor shop, barn with milking station,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,944.45 sq ft
Lot Size356,320 sq ft
ZoningCountry Residential
HeatingBoiler • Fireplace(s) • Natural Gas • Wood
CoolingCentral Air
ParkingAdditional Parking • Double Garage Attached
ExteriorGarden • Rain Barrel/Cistern(s)
BasementNone
Year Built1975
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$633After mortgage & expenses
Cap Rate5.6%Based on market rents
Cash on Cash Return5.8%With 20% down payment
Est. Monthly Rent$3,553Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by SHAYNE SCHAFER · REAL BROKER