RE/MAX iREALTY Innovations
1423 & 1425 13 Avenue S
Lethbridge
T1K 0R6
$599,900
Multi-Family
1,680 sq. ft.
built: 1953
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2147605
- Year Built:
- 1953
- Photos (50)
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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!
- Property Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Possession:
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- Possession Date:
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- Total Living Area:
- 1,680 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Reg. Size:
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- Reg. Size Includes:
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- Year built:
- 1953 (Age: 71)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 838Y
- Heating:
- Forced Air
- Basement:
- Finished, Full
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Structure Type:
- Four Plex
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached, Off Street
- Parking Places:
- 4.0
- Parking Total/Covered:
- 4 / -
- Agnes Davidson
- Fridge (4), Stove (4), Washer (2), Dryer (2), window covers
- None Known
- Title to Land:
- Fee Simple
- Num. of Parcels:
- 0
- Region:
- Lethbridge
- Zoning:
- R-L
- Listed Date:
- Jul 27, 2024
- Days on Mkt:
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Listed by Lethbridge Real Estate.com
Data was last updated November 15, 2024 at 04:05 PM (UTC)
- PETE CHAPMAN
- RE/MAX IREALTY INNOVATIONS
- 1 (403) 8311242
- pete@petechapman.ca
Location
1301 8 St SW Suite #100
Calgary, AB, T2R 1B7