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Great money making revenue property in Lacombe, Alberta Professional

1 week ago Condos for Sale Edmonton   16 views


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Location: Edmonton
Price: $107,999

ASKING $107,999 LACOMBE – This is a cash in your pocket investment opportunity or live here for less than rent. ONLY $608.60 MONTHLY! $359.62 monthly mortgage payment and no CMHC fees with 20% down payment and 1.89% interest rate for 25 years; property taxes are $78.60 monthly and condominium fees are $170.38. At just $107,999, this condo adds up to cash in your pocket. *See end of ad for calculations adjusted for 5% down payment. Seller is motivated…but not desperate. Make me a reasonable offer! I prefer a private sale but will involve a realtor if the buyer has one. Current pictures are not available. These are from previous occupants. This bi-level style condominium offers 2 bedrooms (one with a walk-in closet); 4 piece bath, a den/storage/bonus room, laundry area and under stair storage. Large living room with patio doors to a south facing deck and front yard. The upstairs of the condo received a fresh coat of neutral paint in December. Condo fees cover outside maintenance such as snow clearing and lawn care as well as replacement and maintenance of high cost exterior items such as shingles, decks, doors and windows. Insurance is quite low on these units as the condo fees include external structure insurance. Comes with one plug in parking stall. Available at the end of April as this is when the current renter’s term is up. I will be looking for a quality renter for $1000/month, not including utilities, for the end of April if no buyer is lined up. I will still be selling it at that time but only as a revenue property.

Additional Details

Bedrooms 2
Bathrooms 1
Property Address 5910 A 45 Ave, Lacombe, AB T4L 1T8, Canada