1423 & 1425 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 1,680 sqft
Price per Sqft $357
Subdivision Agnes Davidson
MLS Listing ID A2147605
Originating Board Lethbridge & District Association of REALTORS®
Year Built 1953
Property Description
This full duplex, located in the beautiful Agnes Davidson Subdivision, presents an exceptional investment opportunity. Comprising four spacious suites(2 illegal|), each with 2 bedrooms, 1 bathroom, and in-suite laundry. Some units have seen updates, enhancing their appeal and comfort, all units have upgraded windows.The property includes a detached garage (22 x 24), which can be utilized for extra income. Its prime location, close to schools, shopping, public transportation parks & regional hospital (excellent source for tenants), makes it a highly desirable choice for renters.With strong rental potential and a convenient location, this duplex is perfect for investors looking to expand their portfolio. PROFORMS available (Current IRR = 8.3%, Cap Rate = 5.6%, ESTIMATED MARKET INCOME; IRR = 10.45% , Cap Rate = 7.8%)Your REALTOR® has access to the Virtual Tours of each of suites ask for them today! (id:24570)
Location
Province AB
Interior
Heating Forced air
Exterior
Garage Yes
Garage Spaces 2.0
Garage Description 2
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Others
Ownership Freehold