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DOWNTOWN LACOMBE

#302, 5102 48 Street , Lacombe, AB

$229,911

Residential · MLS® A2292779
1Bedrooms
1Bathrooms
751.79Sq Ft
1Garage
1999Year Built
02 / Overview

PROPERTY OVERVIEW

Looking to downsize? Tired of shovelling ALL that snow and keeping up with mowing ALL that grass? Here is the perfect place to call HOME!! STRESS FREE , secure building and NO OUTSIDE MAINTENANCE! Immediate possession of this 1 bedroom, 1 generous sized den, 1 FULL bath c/w with in suite laundry. An open floor plan and freshly painted and immaculate condition. MOVE IN READY! You will love the East facing deck to enjoy the stunning sunrises in the morning...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys3
Total Finished Area751.79 sq ft
ZoningR6
HeatingHot Water • Natural Gas
CoolingWindow Unit(s)
ParkingOff Street • Paved • Plug-In • See Remarks
ExteriorBalcony
Year Built1999
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$173After mortgage & expenses
Cap Rate3.6%Based on market rents
Cash on Cash Return-4.5%With 20% down payment
Est. Monthly Rent$1,366Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN LACOMBE

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Investment ScoreN/A
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Listed by Jon Nichols · CIR Realty