Active
FLEETWOOD
1118 12b Street S, Lethbridge, AB
$500,000
Residential ยท MLSยฎ A23215666Bedrooms
4Bathrooms
1,552Sq Ft
1Garage
1949Year Built
02 / Overview
PROPERTY OVERVIEW
This 4 unit property provides an opportunity to maximize revenue with 6 bedrooms, 4 bathrooms, shared laundry and single detached garage! Nestled nicely between Gyro Park and the coulees, there's nearby amenities in the neighbourhood, incredible access via Scenic Drive and a well sized lot.
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,552 sq ft
Lot Size5,998 sq ft
ZoningR-L
HeatingForced Air
CoolingNone
ParkingSingle Garage Detached
ExteriorOther
BasementFull
Year Built1949
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$866After mortgage & expenses
Cap Rate6.5%Based on market rents
Cash on Cash Return10.4%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
FLEETWOOD
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by DARREN GUGYELKA ยท Grassroots Realty Group