Active

DOWNTOWN LACOMBE

5721 55 Avenue , Lacombe, AB

$450,000

Residential · MLS® A2325454
5Bedrooms
3Bathrooms
1,331Sq Ft
1Garage
1974Year Built
02 / Overview

PROPERTY OVERVIEW

BEAUTIFULLY UPDATED, BRIGHT, AND MODERN! This family-friendly downtown home is move-in ready. The sellers have done all the work. The main floor has a very functional layout with an open plan living room/kitchen/dining room. The kitchen is very bright, with white cabinetry and a large window. The living room features lovely hardwood flooring. There are two large bedrooms on the main, including the owner's suite, with double closets and an ensuite bathroom. The main floor bathroom is a full four...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,331 sq ft
Lot Size9,920 sq ft
ZoningR1
HeatingForced Air
CoolingNone
ParkingAlley Access • Driveway • Front Drive • Garage Door Opener • Garage Faces Front • Gated • Off Street • RV Access/Parking • RV Carport • RV Gated • Single Garage Detached
ExteriorGarden • Private Yard • Storage
BasementFull
Year Built1974
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$493After mortgage & expenses
Cap Rate5.8%Based on market rents
Cash on Cash Return6.6%With 20% down payment
Est. Monthly Rent$2,579Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN LACOMBE

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Investment ScoreN/A
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Listed by Lisa Suarez · Royal LePage Lifestyles Realty