RE/MAX iREALTY Innovations
1423 13 Avenue S
Lethbridge
T1K 0R6
$599,900
Residential
beds: 1
baths: 1.0
1,768 sq. ft.
built: 1953
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2181787
- Bedrooms:
- 1
- Bathrooms:
- 1
- Year Built:
- 1953
- Photos (47)
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This full duplex, with 2 illegal suites, 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. a couple units have been updated for enhanced comfort and appeal.
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. Current Performance: IRR = 8.3%, Cap Rate = 5.6%, Market Potential: EST. IRR = 10.45%, Cap Rate = 7.8%, Proforma details available on request, Virtual tours of each suite are accessible—ask your REALTOR® today!
Whether you're a seasoned investor or just expanding your portfolio, this property offers a perfect blend of stability and growth potential. Don't miss out! Your Realtor has access to video tours on the suites, they are a MUST SEE!
- Property Type:
- Residential
- Property Sub Type:
- Full Duplex
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Suite - Illegal
- Home Style:
- Bungalow, Side by Side
- Total Living Area:
- 1,768 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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- Lot Area:
- 5,564 sq. ft.
- Lot Frontage:
- 46'
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
- Signup
- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- South
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Unit Exposure:
- East, South
- Entry Level:
- 1
- Levels:
- One
- End Unit:
- 2+ Common Walls
- Total Rooms Above Grade:
- 1
- Year built:
- 1953 (Age: 71)
- Bedrooms:
- 1 (Above Grd: 1)
- Bedrooms Above Grade:
- 1
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 1.0 (Full:1, Half:0)
- Plan:
- 838Y
- Heating:
- Forced Air
- Basement:
- Finished, Full
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Mixed
- Structure Type:
- Duplex
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Hardwood, Linoleum, Vinyl Plank
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached, Off Street
- Parking Places:
- 4.0
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- In Unit
- Agnes Davidson
- Electric Range, Refrigerator, See Remarks, Washer/Dryer
- (4) Fridge, (4) Stove , (4) washer/Dryer
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom
- 1'1" × 1'1"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 0' x 0'
- Title to Land:
- Fee Simple
- Community Features:
- Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
- Interior Features:
- Laminate Counters, See Remarks
- Exterior Features:
- None
- Patio And Porch Features:
- None
- Lot Features:
- Back Lane, Back Yard, City Lot
- Num. of Parcels:
- 0
- Fencing:
- Partial
- Region:
- Lethbridge
- Zoning:
- R-L
- Listed Date:
- Dec 03, 2024
- Days on Mkt:
- Signup
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Listed by Lethbridge Real Estate.com
Data was last updated December 25, 2024 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 264
- Avg list price:
- $459,950
- Min list price:
- $109,900
- Max list price:
- $2,500,000
- Avg days on market:
- 56
- Min days on market:
- 1
- Max days on market:
- 557
- Avg price per sq.ft.:
- $328.69
These statistics are generated based on the current listing's property type
and located in
Lethbridge. Average values are
derived using median calculations.
- PETE CHAPMAN
- RE/MAX IREALTY INNOVATIONS
- 1 (403) 8311242
- pete@petechapman.ca
Location
1301 8 St SW Suite #100
Calgary, AB, T2R 1B7