1423 13 Avenue S, Lethbridge, Alberta T1K 0R6

Listed for:
$550,000
1 beds
1 baths
Listed 116 days ago
1423 13 Avenue S, Lethbridge, Alberta T1K 0R6

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Learn more about this property
Listing provided by:
Lethbridge Real Estate.com
MLS® number:
A2181787
Agent:
Miles Godlonton
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About

This full duplex, with 2 illegal suites, Proforma shows a IRR = 9.16% / Cap Rate = 6.26% located in the sought-after Agnes Davidson area, is a standout choice for investors seeking high returns and consistent "occupancy record".. The property includes four spacious suites, each offering 2 bedrooms, 1 bathroom, and in-suite laundry. The building has seen upgrades including windows & some interior suite improvements. Individual suite virtual tours available. Proforma available upon request.A detached 22x24 garage adds additional income potential, making this property even more attractive for maximizing ROI. Its prime location near schools, shopping, public transportation, parks, and the regional hospital ensures strong rental demand from a diverse pool of tenants. (id:27476)

Property Highlights

MLS® Number
A2181787
Type
Multi-family
Community Name
Agnes Davidson
Ownership Type
Freehold
Land Size
5564 sqft|4,051 - 7,250 sqft
Parking Space Total
4

Building

Storeys
1.00
Square Footage
1768 sqft
Bathrooms Total
1
Bedrooms Above Ground
1
Bedrooms Total
1
Amenities
Schools, Shopping
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
None

Location