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STEELE HEIGHTS

206, 3007 57a Avenue , Lloydminster, AB

$139,900

Residential · MLS® A2316455
2Bedrooms
1Bathrooms
804Sq Ft
0Garage
1985Year Built
02 / Overview

PROPERTY OVERVIEW

This two bedroom unit is perfect for the first time home buyer or investor! Located in Tuxedo Place Condominiums. Its had some upgrades. The wood fireplace is only for decoration. The unit is currently tenant occupied and tenant's rights apply. There is a park nearby and Bud Miller Park is a short distance to walk. This second floor unit won't last long.

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys3
Total Finished Area804 sq ft
ZoningMDR
HeatingBaseboard • Natural Gas
CoolingWall Unit(s)
ParkingAssigned • Plug-In • Stall
ExteriorBalcony
Year Built1985
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$429After mortgage & expenses
Cap Rate8.2%Based on market rents
Cash on Cash Return18.4%With 20% down payment
Est. Monthly Rent$1,507Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

STEELE HEIGHTS

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Investment ScoreN/A
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Listed by Liz Papp · MAC'S REALTY LTD.