Active

DOWNTOWN

643 8 Street S, Lethbridge, AB

$439,000

Residential · MLS® A2292163
5Bedrooms
3Bathrooms
1,800Sq Ft
2Garage
1910Year Built
02 / Overview

PROPERTY OVERVIEW

Discover the perfect blend of historic charm and versatile living in this grand 5-bedroom, 2-storey home. This residence boasts original hardwood floors, classic cast iron tubs, and a welcoming front veranda. The layout offers incredible flexibility: rent out all 3 floors separately(illegal Basement suite), live on one floor and rent out the other 2, or live on 2 floors and rent out the 3rd for additional revenue. Take your pick. Key upgrades provide peace of mind, including a furnace,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,800 sq ft
Lot Size4,685 sq ft
ZoningR-37
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached
ExteriorOther • Private Yard
BasementFull
Year Built1910
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,131After mortgage & expenses
Cap Rate7.6%Based on market rents
Cash on Cash Return15.5%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

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by CLARK PAUL · RE/MAX REAL ESTATE - LETHBRIDGE