40 Mohawk Road W, Lethbridge

$399,900

5 Beds
2 Baths
1,040 Sqft
.14 Acres
0 Garages

*********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/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!

Essential Information
MLS® #A2224859
Price$399,900
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage1,040
Acres0.14
Year Built1982
TypeResidential
Sub-TypeDetached
StyleBi-Level
StatusActive
Community Information
Address40 Mohawk Road W
SubdivisionIndian Battle Heights
CityLethbridge
CountyLethbridge
ProvinceAlberta
Postal CodeT1K 5J6
Amenities
Parking Spaces4
ParkingParking Pad
Interior
Interior FeaturesCeiling Fan(s)
HeatingForced Air
CoolingNone
Has BasementYes
BasementFinished, Full
Appliances

Bar Fridge, Dishwasher, Refrigerator, Stove(s), Washer/Dryer

Exterior
Exterior FeaturesPrivate Yard
Lot DescriptionRectangular Lot
RoofAsphalt Shingle
ConstructionWood Frame
FoundationPoured Concrete
Additional Information
ZoningR-L
Listing Details
OfficeMaxwell Devonshire Realty
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