40 Mohawk Road W

Indian Battle Heights Lethbridge T1K 5J6

*********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:2493)