1423 13 AVE S Active Save Request In-Person Tour Request Virtual Tour
Lethbridge,AB T1K 0R6
Key Details
Property Type Multi-Family
Sub Type 4 plex
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 and District
Year Built 1953
Annual Tax Amount $7,800
Tax Year 2024
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!
Location
Province AB
County Lethbridge
Zoning R-L
Rooms
Basement Finished,Full
Interior
Heating Forced Air
Inclusions Fridge (4), Stove (4), Washer (2), Dryer (2), window covers
Exterior
Garage Double Garage Detached,Off Street
Garage Spaces 2.0
Garage Description Double Garage Detached,Off Street
Roof Type Asphalt Shingle
Parking Type Double Garage Detached,Off Street
Total Parking Spaces 4
Building
Foundation Poured Concrete
Others
Restrictions None Known
Tax ID 91683279
Ownership Private