Homes for sale - 40 Mohawk Road W, Lethbridge, AB T1K5J6

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Steve Throndson

steve@throndsonrealty.com +1(250) 919-3366

$415,000

Est. payment - /mo

5 Beds

2 Baths

1,040 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $399

Subdivision Indian Battle Heights

MLS® Listing ID A2224859

Style Bi-level

Bedrooms 5

Year Built 1982

Lot Size 5,980 Sqft

Acres 5980.0

Property Sub-Type Freehold

Source Lethbridge & District Association of REALTORS®

Property Description

*********Walking Distance to the University of Lethbridge – High Cash Flow Investment!*********This 5-bedroom home in West Lethbridge is perfectly located for student rentals, just minutes from the university on a quiet street. It features a brand new roof, walkout basement, private backyard, ample off-street parking, and spacious living areas—making it ideal for tenants.Currently generating an average of $3,250/month in rental income, this property offers strong cash flow and excellent return on investment. A rare opportunity to own a high-demand rental in a prime location!Investment Snapshot:• Purchase Price: $330,000 (based on 20% down payment)• Estimated Mortgage Payment: ~$1,750/month (4% interest)• Estimated Property Tax: ~$280/month• Estimated Utilities: ~$500/month• Estimated Total Expenses: ~$2,530/month• Current Average Rent: ~$3,250/monthThis property has demonstrated strong rental demand and the potential for positive monthly cash flow, making it a promising option for investors seeking steady income and long-term value growth.Whether you're expanding your portfolio or starting out, this is a high-return opportunity in one of the most sought-after rental areas in Lethbridge.Contact your favourite agent today to book a viewing! (id:24570)

Location

Province AB

Rooms

Kitchen 1.0

Extra Room 1 Lower level 11.17 Ft x 9.17 Ft Bedroom

Extra Room 2 Lower level 20.42 Ft x 14.67 Ft Bedroom

Extra Room 3 Lower level Measurements not available 4pc Bathroom

Extra Room 4 Main level 12.00 Ft x 17.67 Ft Bedroom

Extra Room 5 Main level 12.00 Ft x 11.00 Ft Bedroom

Extra Room 6 Main level 9.00 Ft x 12.00 Ft Other

Interior

Heating Forced air

Cooling None

Flooring Carpeted, Laminate

Exterior

Parking Features No

Fence Fence

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Architectural Style Bi-level

Others

Ownership Freehold

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Listed by Maxwell Devonshire Realty

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Steve Throndson

+1(250) 919-3366

Agent

40 Mohawk Road W Lethbridge, AB T1K5J6

Steve Throndson

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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40 Mohawk Road W