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3701 41 Avenue
homes for sale · Lloydminster · Larsen Grove
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$489,900

3701 41 Avenue

Larsen Grove, Lloydminster · MLS® A2351527

634

1,238 sq ft · 6,027 sq ft lot · House · Single Family · built 2014 · 10 days on market

listed by Wade Graham, RE/MAX OF LLOYDMINSTER

realtor's description

Looking for a home that can help pay for itself? This six-bedroom property at 3701 41 Avenue offers a great opportunity for homeowners and investors alike, featuring a **rare legal three-bedroom basement suite**. The seller reports generating between $2,000 and $3,500 per month in rental income through Airbnb.The basement suite has its own separate entrance on the south side of the home and is thoughtfully finished with a spacious kitchen, comfortable living area, three good-sized bedrooms and a three-piece bathroom. **The suite comes fully furnished**, making it an attractive option for short-term rentals.Upstairs, you'll find another three bedrooms, a spacious living room and a primary bedroom complete with a walk-in closet and ensuite. The upper level has been occupied by a long-term tenant who is scheduled to vacate at the end of October, providing an opportunity for a new owner to move in or explore additional rental income.Outside, the nicely maintained yard features an attractive rock retaining wall, a three-zone underground sprinkler system and no rear neighbours, offering some welcome backyard privacy.Whether you're looking to live upstairs while generating income from the basement or add a property with two separate living spaces to your investment portfolio, this home offers plenty of flexibility. A rare legal suite with an established short-term rental history is a valuable feature, and one that makes this property worth a closer look.

property details

type
House, Single Family
bedrooms
6
bathrooms
3
living area
1,238 sq ft
lot
6,027 sq ft
parking
4
year built
2014
property tax
$4,381 / yr
days on market
10
MLS®
A2351527

features

  • See remarks
  • Other
  • No neighbours behind
  • Washer
  • Refrigerator
  • Dishwasher

monthly cost

$2,500/mo
Mortgage $2,134 · Tax $365

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,134/ monthly
loan $391,920
25-year amortization
total interest
$248,414
cash to close
$97,980
down payment; transfer tax and fees not included
total paid
$640,334

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Larsen Grove, LloydminsterGoogle Maps ↗

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listed by
Wade Graham
RE/MAX OF LLOYDMINSTER
call Wade · 780-808-0931
Powered by: REALTOR.ca

similar homes nearby

location

Larsen Grove, LloydminsterGoogle Maps ↗
Drive times
  • Atrium Centre4 min
  • Bishop Lloyd Middle5 min
  • École St. Thomas6 min
  • Lloydminster Comprehensive High6 min
  • Lakeland College - Lloydminster Campus8 min
3

Walkability 3/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

nothing comparable on the market right now.