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403.253.1901
1423 13 Avenue S Lethbridge

1423 13 Avenue S, Lethbridge, Alberta

$599,900

  • 1
  • 1
1,768 Square Feet
This full duplex, with 2 illegal suites, 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. a couple units have been updated for enhanced comfort and appeal.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. Current Performance: IRR = 8.3%, Cap Rate = 5.6%, Market Potential: EST. IRR = 10.45%, Cap Rate = 7.8%, Proforma details available on request, Virtual tours of each suite are accessible—ask your REALTOR® today!Whether you're a seasoned investor or just expanding your portfolio, this property offers a perfect blend of stability and growth potential. Don't miss out! Your Realtor has access to video tours on the suites, they are a MUST SEE! (id:59963)
  • Listing ID: A2181787
  • Property Type: Multi-family
  • Year Built: 1953
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Rooms

LevelTypeDimensions
Main Level4pc Bathroom.00 Ft x .00 Ft
Main LevelBedroom1.08 Ft x 1.08 Ft

Details

  • Architectural Style: Bungalow
  • Amenities Nearby: Schools, Shopping
  • Features: See remarks, Back lane
  • Ownership: Freehold
  • Parking Spaces: 4
  • Plan: 838Y
  • Structure: None
  • Transaction: For sale
  • Zoning Description: R-L

Building

  • Appliances: Refrigerator, Range - Electric, See remarks, Washer & Dryer
  • Architectural Style: Bungalow
  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 1
  • Constructed Date: 1953
  • Construction Style Attachment: Attached
  • Cooling: None
  • Fireplace Present: False
  • Flooring: Carpeted, Hardwood, Linoleum, Vinyl Plank
  • Foundation: Poured Concrete
  • Bathrooms (Total): 1
  • Heating: Forced air
  • Size Interior: 1768 sqft
  • Stories Total: 1
  • Total Finished Area: 1768 sqft

Land

  • Amenities: Schools, Shopping
  • Fence: Partially fenced
  • Size Frontage: 14.02 m
  • Size Irregular: 5564.00
  • Size Total: 5564 sqft|4,051 - 7,250 sqft

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    This property for sale located at 1423 13 Avenue S in Lethbridge was last modified on December 7th 2024. Let us connect you with one of our real estate agents to schedule a viewing or subscribe to other properties for sale in Lethbridge.

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              Are you under contract with a real estate agent or REALTOR®?YesNo

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              Are you a real estate agent or REALTOR®?YesNo

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