1423 13 Avenue S Active Save Request In-Person Tour Request Virtual Tour
Lethbridge,AB T1K0R6
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,768 sqft
Price per Sqft $311
Subdivision Agnes Davidson
MLS Listing ID A2181787
Style Bungalow
Bedrooms 1
Originating Board Lethbridge & District Association of REALTORS®
Year Built 1953
Lot Size 5,564 Sqft
Acres 5564.0
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province AB
Rooms
Extra Room 1 Main level .00 Ft x .00 Ft 4pc Bathroom
Extra Room 2 Main level 1.08 Ft x 1.08 Ft Bedroom
Interior
Heating Forced air
Cooling None
Flooring Carpeted,Hardwood,Linoleum,Vinyl Plank
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Fence Partially fenced
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 1
Architectural Style Bungalow
Others
Ownership Freehold
Virtual Tour https://youtu.be/B1TeOQRLz-4?feature=shared