Lethbridge, AB T1K 0R6,1423 & 1425 13 AVE South
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Lethbridge, AB T1K 0R6,1423 & 1425 13 AVE South
Lethbridge, AB T1K 0R6,1423 & 1425 13 AVE South
Lethbridge, AB T1K 0R6,1423 & 1425 13 AVE South
Lethbridge, AB T1K 0R6,1423 & 1425 13 AVE South
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1423 & 1425 13 AVE South Lethbridge, AB T1K 0R6

1,680 SqFt


UPDATED:

11/19/2024 03:15 PM

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

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!

Location

Province AB

County Lethbridge

Zoning R-L

Rooms

Basement Finished, Full

Interior

Heating Forced Air

Inclusions Fridge (4), Stove (4), Washer (4), Dryer (4), window covers

Exterior

Garage Double Garage Detached, Off Street

Garage Spaces 2.0

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Dwelling Type Four Plex

Foundation Poured Concrete

Others

Restrictions None Known

Tax ID 91683279


Listed by Lethbridge Real Estate.com

Richard Amatokwu

Broker Associate

+1(403) 669-8901

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1423 & 1425 13 AVE South