1423 13 AVE South Active Save Request In-Person Tour Request Virtual Tour
Lethbridge,AB T1K 0R6
Key Details
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,768 sqft
Price per Sqft $311
Subdivision Agnes Davidson
MLS Listing ID A2181787
Style Attached-Side by Side,Bungalow
Bedrooms 1
Full Baths 1
Year Built 1953
Lot Size 5,564 Sqft
Acres 0.13
Property Sub-Type Full Duplex
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.
Location
Province AB
County Lethbridge
Zoning R-L
Direction S
Rooms
Basement Finished,Full
Interior
Interior Features Laminate Counters,See Remarks
Heating Forced Air
Cooling None
Flooring Carpet,Hardwood,Linoleum,Vinyl Plank
Inclusions (4) Fridge, (4) Stove , (4) washer/Dryer
Appliance Electric Range,Refrigerator,See Remarks,Washer/Dryer
Laundry In Unit
Exterior
Exterior Feature None
Parking Features Double Garage Detached,Off Street
Garage Spaces 2.0
Fence Partial
Community Features Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
Roof Type Asphalt Shingle
Porch None
Lot Frontage 46.0
Exposure E,S
Total Parking Spaces 4
Building
Lot Description Back Lane,Back Yard,City Lot
Dwelling Type Duplex
Foundation Poured Concrete
Architectural Style Attached-Side by Side,Bungalow
Level or Stories One
Structure Type Mixed
Others
Restrictions None Known
Tax ID 91683279
Virtual Tour https://youtu.be/B1TeOQRLz-4?feature=shared