01 / Property Detail

VICTORIA PARK

533 16 Street S, Lethbridge, AB

$425,000

Residential ยท MLSยฎ A2290369
4Bedrooms
2Bathrooms
1,144Sq Ft
2Garage
1952Year Built
02 / Overview

PROPERTY OVERVIEW

Here's a cozy bungalow in Victoria Park with detached garage, non-conforming suite and NEW windows and furnace! This fully finished home offers easy access to amenities in a central location, well sized lot with RV parking and separate laundry. The main floor is spacious, bright and welcoming. There's a cozy kitchen, 2 bedrooms, 3 piece bathroom and a covered back deck. The basement offers 2 additional bedrooms, 3 piece bathroom, separate entry and family room complete with fireplace! There's a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,144 sq ft
Lot Size6,245 sq ft
ZoningR-L
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Detached
ExteriorNone
BasementFull
Year Built1952
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$319After mortgage & expenses
Cap Rate5.4%Based on market rents
Cash on Cash Return4.5%With 20% down payment
Est. Monthly Rent$2,202Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

VICTORIA PARK

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Investment ScoreN/A
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Active ListingsN/A

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Listed by DARREN GUGYELKA ยท Grassroots Realty Group