40 Mohawk Road W, Lethbridge

Bedrooms: 5
Bathrooms: 2
Living area: 1040 square feet
Type: Residential
Added: 1 month ago
Updated: 2 weeks ago
Last Checked: 11 hours ago
Listed by: Maxwell Devonshire Realty
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Listing description
This House at 40 Mohawk Road W Lethbridge, AB with the MLS Number a2240999 which includes 5 beds, 2 baths and approximately 1040 sq.ft. of living area listed on the Lethbridge market by Cindy Guan - Maxwell Devonshire Realty at $385,000 1 month ago.

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, a walkout basement with cozy, naturally lit bedrooms and easy-to-maintain flooring, a private backyard accessible via a newly built wooden deck with contemporary glass railings, ample off-street parking, and spacious living areas. These include bright and open concept living and dining areas featuring warm yellow walls and easy-to-clean tiled flooring, with direct access to the outdoor deck, and vibrant, well-lit bedrooms with durable laminate flooring and ample closet space—making it ideal for tenants. Enjoy the expansive, park-like green space adjacent to the property, offering serene views and a peaceful outlook. 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 (4% Interest): ~$1,750/month Property Tax: ~$280/month Utilities: ~$500/month Total Expenses: ~$2,530/month A POSITIVE CASH FLOW: +$720/month 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!

Property Details Key information about 40 Mohawk Road W