Pending
LAKELAND
12901 93a Street , Grande Prairie, AB
$439,900
Residential · MLS® A22908235Bedrooms
3Bathrooms
1,020Sq Ft
4Garage
2005Year Built
02 / Overview
PROPERTY OVERVIEW
New to market in Lakeland! This legal suited property features a 3 bed / 1 bath upper suite with in-suite laundry and a 2 bed / 1 bath lower suite, also with its own laundry. Fully rented with leases in place until June 2026 and October 2026, offering immediate rental income, . Backing onto a paved laneway for convenient access and 4 parking stalls. A fantastic opportunity for investors or buyers looking to live in one unit while renting the...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,020 sq ft
Lot Size4,025 sq ft
ZoningRS
HeatingForced Air • Natural Gas
CoolingNone
ParkingParking Pad
ExteriorNone
BasementFull
Year Built2005
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,127After mortgage & expenses
Cap Rate7.5%Based on market rents
Cash on Cash Return15.4%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
LAKELAND
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Karen McGriskin · Century 21 Grande Prairie Realty Inc.