Lethbridge, AB T1K0R6,1423 & 1425 13 Avenue S
Lethbridge, AB T1K0R6,1423 & 1425 13 Avenue S
Lethbridge, AB T1K0R6,1423 & 1425 13 Avenue S
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$599,900
Est. payment /mo
1,680 SqFt
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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


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Jeffrey Sefton

+1(250) 244-1762

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1423 & 1425 13 Avenue S