Active

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217 1 Street N, Lomond, AB

$99,900

Residential · MLS® A2317550
1Bedrooms
1Bathrooms
740Sq Ft
1Garage
1920Year Built
02 / Overview

PROPERTY OVERVIEW

TWO 50 FT. LOTS (100x 120 Total ). OVERSIZE DETACHED GARAGE . FULL 4 Pce Bathroom,MAIN FLOOR Laundry room. NEW Furnace and Hot Water Tank in 2014. The Town has a Large School(K-12) ,Servus Credit Union, HUGE NEW Arena. Ten minute Drive to LAKE McGregor Country Estates and the Big LAKE McGregor with Boating Fishing and camping. Short 25 Minute Drive to VULCAN with Hospital, Shopping ,ALL Amenities .

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area740 sq ft
Lot Size12,000 sq ft
ZoningRES
HeatingForced Air
CoolingNone
ParkingFront Drive • Garage Door Opener • On Street • Oversized • Single Garage Detached
ExteriorPrivate Entrance • Private Yard • Storage
BasementPartial
Year Built1920
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$843After mortgage & expenses
Cap Rate14.6%Based on market rents
Cash on Cash Return50.6%With 20% down payment
Est. Monthly Rent$1,345Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Ernest Gardy · RE/MAX House of Real Estate