Kimberly Campbell
1423 13 Avenue S
Lethbridge
T1K 0R6
$599,900
Multi-family
beds: 1
baths: 1.0
1,768 sq. ft.
built: 1953
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- A2181787
- Bedrooms:
- 1
- Bathrooms:
- 1
- Year Built:
- 1953
- Photos (47)
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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! (id:2493)
- Property Type:
- Multi-family
- Common Interest:
- Freehold
- Property Attached:
- Yes
- Total Living Area:
- 1,768 sq. ft.
- Finished Area Above Grade:
- 1,768 sq. ft.
- Zoning:
- R-L
- Taxes:
- $7,800.37 / 2024
- Community:
- Agnes Davidson
- Appliances Included:
- Refrigerator, Range - Electric, See remarks, Washer & Dryer
- Home Style:
- Bungalow
- Bedrooms:
- 1
- Bedrooms Above Grade:
- 1
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 1.0
- Half Bathrooms:
- 0
- Cooling:
- None
- Fireplace:
- No
- Floor finish:
- Hardwood, Carpeted, Linoleum, Vinyl Plank
- Foundation:
- Poured Concrete
- Heating:
- Forced air
- # Storeys:
- 1.0
- Basement:
- Finished, Full
- Lot Size:
- 5,564 sq. ft.
- Lot Details:
- 5564.00
- Lot Features:
- See remarks, Back lane
- Parking:
- Detached Garage, Other
- Total Parking Spaces:
- 4
- Floor
- Type
- Size
- Other
- Main level
- Bedroom
- 1'8" × 1'8"
- Floor
- Ensuite
- Pieces
- Other
- Main level
- No
- 4
- 0' x 0'
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Listed by Lethbridge Real Estate.com
Data was last updated December 4, 2024 at 05:15 PM (UTC)
- KIMBERLY CAMPBELL
- CUSTOM REAL ESTATE SOLUTIONS
- 1 (403) 3082184
- Contact by Email
Kimberly Campbell
Location
P.O. Box 21074
Lethbridge, AB T1K 6X4