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Property at 40 Mohawk Road W image 1
Property at 40 Mohawk Road W image 2
Property at 40 Mohawk Road W image 3
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Property at 40 Mohawk Road W image 5
50

$415,000

40 Mohawk Road W
Lethbridge, Alberta, Alberta, T1K5J6

MLS® Number: A2224859
Listed 4 days ago
5 2

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 (After 20% Down Payment)----Mortgage: ~$1,750/month (4% Interest)----Property Tax: ~$280/month----Utilities: ~$500/month----Total Expenses: ~$2,530/month---- Average of Rent: ~$3,250/month----A POSITIVE CASH FLOW: $3250 - $2530 = ~$720/monthWhether 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!

Building information

Type

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Appliances

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Architectural Style

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Basement Development

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Basement Type

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Constructed Date

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Construction Material

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Construction Style Attachment

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Cooling Type

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Flooring Type

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Foundation Type

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Half Bath Total

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Heating Type

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Size Interior

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Total Finished Area

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Land information

Amenities

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Fence Type

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Size Depth

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Size Frontage

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Size Irregular

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Size Total

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Rooms

Main level

5pc Bathroom

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Bedroom

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Kitchen

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Other

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Bedroom

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Bedroom

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Lower level

4pc Bathroom

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Bedroom

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Bedroom

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Main level

5pc Bathroom

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Bedroom

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Kitchen

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Other

*****

Bedroom

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Bedroom

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Lower level

4pc Bathroom

*****

Bedroom

*****

Bedroom

*****

Main level

5pc Bathroom

*****

Bedroom

*****

Kitchen

*****

Other

*****

Bedroom

*****

Bedroom

*****

Lower level

4pc Bathroom

*****

Bedroom

*****

Bedroom

*****

Main level

5pc Bathroom

*****

Bedroom

*****

Kitchen

*****

Other

*****

Bedroom

*****

Bedroom

*****

Lower level

4pc Bathroom

*****

Bedroom

*****

Bedroom

*****

Main level

5pc Bathroom

*****

Bedroom

*****

Kitchen

*****

Other

*****

Bedroom

*****

Bedroom

*****

Lower level

4pc Bathroom

*****

Bedroom

*****

Bedroom

*****

Courtesy of Maxwell Devonshire Realty

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