1423 & 1425 13 Avenue S, Lethbridge

2024-07-27
 

Quick Summary

Location
1423 & 1425 13 Avenue S, Lethbridge, Alberta T1K0R6
Price
$599,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1680ft2
Year of Construction:
1953

MLS®#A2147605

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:32467)

Property Features

Building

  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Fireplace: No
  • Interior Size: 1680 sqft
  • Building Type: Multi-Family

Land

  • Land Size: Unknown

Ownership

  • Type: Freehold

Zoning

  • Description: R-L

Information entered by Lethbridge Real Estate.com
Listing information last updated on: 2024-11-19 15:20:56


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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Jose Angel Cortes Alcocer Associate

Phone:
587-220-6529
Email:
acortes1percent@gmail.com
Support Area:
Lethbridge, Coaldale, Coalhurst

Angel Cortes is a Mexican businessman, family man and real estate agent, who immigrated to the Unite ...

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