Lethbridge, AB T1K 0R6,1423 13 AVE South
Lethbridge, AB T1K 0R6,1423 13 AVE South
Lethbridge, AB T1K 0R6,1423 13 AVE South
Lethbridge, AB T1K 0R6,1423 13 AVE South
Lethbridge, AB T1K 0R6,1423 13 AVE South
Lethbridge, AB T1K 0R6,1423 13 AVE South
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$ 550,000
Est. payment | /mo

$ 550,000
Est. payment | /mo

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

Listed by Lethbridge Real Estate.com
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Find out why customers are choosing LPT Realty to meet their real estate needs

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1000-250 2 ST SW Calgary, Alberta

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1423 13 AVE South