Lethbridge, AB T1K5J6,40 Mohawk Road W
Lethbridge, AB T1K5J6,40 Mohawk Road W
Lethbridge, AB T1K5J6,40 Mohawk Road W
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$399,900
Est. payment /mo
5 Beds
2 Baths
1,040 SqFt
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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 $384

Subdivision Indian Battle Heights

MLS® Listing ID A2240999

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: $320,000 (based on 20% down payment) • Estimated Mortgage Payment: ~$1,700/month (4% interest) • Estimated Property Tax: ~$280/month • Estimated Utilities: ~$500/month • Estimated Total Expenses: ~$2,480/month • Current Average Rent: ~$3,250/month This 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 .00 Ft x .00 Ft 4pc Bathroom

Extra Room 4 Main level 12.00 Ft x 17.67 Ft Bedroom

Extra Room 5 Main level 9.00 Ft x 11.00 Ft Kitchen

Extra Room 6 Main level 12.00 Ft x 11.00 Ft Bedroom

Interior

Heating Forced air

Cooling None

Flooring Carpeted, Laminate

Fireplaces Number 1

Exterior

Parking Features No

Fence Fence

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Architectural Style Bi-level

Others

Ownership Freehold


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Listed by Maxwell Devonshire Realty

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agent

Jeffrey Sefton

+1(778) 235-4501

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40 Mohawk Road W