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139 1 Street S, Lomond, AB

$249,900

Residential · MLS® A2291627

5Bedrooms

2Bathrooms

1,964Sq Ft

2Garage

1970Year Built

02 / Overview

PROPERTY OVERVIEW

NO QUALIFYING MORTGAGE : Available with 25% Downpayment. (WOW what a deal). *****Unit 139A (3 Bedroom) $1350.00/Mo. LEASE Jan. 1,2026-Dec.31,2026.(Owner Pay's Gas ,Electricity Approx. $200/ Mo.*** water,sewer,& Garbage $142 /Mo .****** Unit 139B (2 Bedroom) Rent $891/Mo. : Month to Month Tenancy .Tenant pays heat & electricity (Owner pays Water,Sewer,Garbage $142/Mo. ),Insurance Approx. $2200 /Yr.***** Well maintained property inside and out .En-suite laundry ,separate furnaces. Corner lot with lots of OFF street and ON street parking.Property...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeDuplex

Total Finished Area1,964 sq ft

Lot Size5,995 sq ft

ZoningR & F

HeatingForced Air • Natural Gas

CoolingNone

ParkingOff Street

ExteriorNone

BasementNone

Year Built1970

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$2,580After mortgage & expenses

Cap Rate16.9%Based on market rents

Cash on Cash Return61.9%With 20% down payment

Est. Monthly Rent$3,687Based 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 Ernest Gardy · RE/MAX House of Real Estate