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DOWNTOWN LACOMBE

4726 47 Avenue , Lacombe, AB

$359,900

Residential · MLS® A2313949
4Bedrooms
2Bathrooms
1,071.25Sq Ft
2Garage
1973Year Built
02 / Overview

PROPERTY OVERVIEW

Price Reduced! 55' x 115' mature residential lot in downtown Lacombe, located in a well-established neighbourhood close to the hospital, extended care facilities, and downtown shopping. Large green space and playground across the street. This southwest-facing family home is filled with an abundance of natural light. Warm, rich tones and meticulous ¾-inch hardwood flooring throughout the living room, dining room, and hallway create an inviting atmosphere. The bright, open-concept kitchen/dining area is designed for family living with...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,071.25 sq ft
Lot Size6,325 sq ft
ZoningR2
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached
ExteriorNone
BasementFull
Year Built1973
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$406After mortgage & expenses
Cap Rate5.8%Based on market rents
Cash on Cash Return6.8%With 20% down payment
Est. Monthly Rent$2,075Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN LACOMBE

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Listed by Susan O'Connor · Red Key Realty & Property Management