Active
DOWNTOWN LACOMBE
1, 5463 55 Avenue , Lacombe, AB
$405,000
Residential ยท MLSยฎ A23264032Bedrooms
2Bathrooms
958Sq Ft
1Garage
2025Year Built
02 / Overview
PROPERTY OVERVIEW
Downsize in style or embrace simplified living! These brand new 2 bedroom, 1.5 bath fourplex units by trusted local builder Ridgestone Homes offer quality craftsmanship. Enjoy an open-concept layout with a modern kitchen, dining, and living area, plus stylish finishes throughout. The spacious primary bedroom features a walk-in closet and a 4-piece ensuite. Convenient in-suite laundry and an attached single garage complete the package. Low-maintenance living at its best!
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeFour Plex
Total Finished Area958 sq ft
Lot Size4,822 sq ft
ZoningR5
HeatingIn Floor
CoolingNone
ParkingSingle Garage Attached
ExteriorNone
BasementNone
Year Built2025
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$73After mortgage & expenses
Cap Rate4.3%Based on market rents
Cash on Cash Return-1.1%With 20% down payment
Est. Monthly Rent$1,777Based 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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Active ListingsN/A
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Listed by Dusty Smith ยท Royal LePage Network Realty Corp.