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80061 Range Road 205 , Rural Lethbridge County, AB
$1,200,000
Residential · MLS® A23020705Bedrooms
3Bathrooms
1,558Sq Ft
2Garage
1993Year Built
02 / Overview
PROPERTY OVERVIEW
Live, work, and raise your family just minutes from Lethbridge.
This 2.39-acre property is located only 5 miles from the city on a paved road right to your doorstep and serviced with city water—offering the ideal blend of convenience and country living. Surrounded by mature trees and wide-open space, this is the setting buyers are looking for, with plenty of room for kids to run, entertain, and enjoy the outdoors.
The 1,558 sq. ft. bungalow has been well cared for and thoughtfully...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,558 sq ft
Lot Size104,108 sq ft
ZoningCR
HeatingForced Air • Natural Gas • Wood • Wood Stove
CoolingCentral Air
ParkingDouble Garage Attached
ExteriorPrivate Yard
BasementFull
Year Built1993
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$2,390After mortgage & expenses
Cap Rate2.1%Based on market rents
Cash on Cash Return-11.9%With 20% down payment
Est. Monthly Rent$2,977Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Kirby Maronda · RE/MAX REAL ESTATE - LETHBRIDGE