Active

DOWNTOWN LACOMBE

5602 51 Avenue , Lacombe, AB

$239,900

Residential ยท MLSยฎ A2313569
1Bedrooms
1Bathrooms
586.9Sq Ft
2Garage
1951Year Built
02 / Overview

PROPERTY OVERVIEW

This home just received a significant price drop, delivering exceptional value right now! Summer is the perfect time to make a move, and this charming upgraded bungalow offers an excellent opportunity for first-time buyers or investors alike. Conveniently located within walking distance to shopping, restaurants, parks, and everyday amenities, this inviting property combines comfort, value, and location. Step inside to a bright and cheerful kitchen filled with natural light, creating a warm and welcoming atmosphere for morning coffee or...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area586.9 sq ft
Lot Size8,514 sq ft
ZoningR1
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorNone
BasementFull
Year Built1951
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$20After mortgage & expenses
Cap Rate4.4%Based on market rents
Cash on Cash Return-0.5%With 20% down payment
Est. Monthly Rent$1,077Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN LACOMBE

Loading map...
Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

Community statistics are being updated. Check back soon for detailed insights.

Listed by Jane Wierzba ยท RE/MAX real estate central alberta