Homes for sale - 1423 13 Avenue S, Lethbridge, AB T1K0R6

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James Heenan

therealjamesheenan@gmail.com +1(587) 700-2208

$ 599,900

Est. payment | -/mo

1 Bed

1 Bath

1,768 SqFt

Save

$ 599,900

Est. payment | -/mo

Save

1 Bed

1 Bath

1,768 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,768 sqft

Price per Sqft $339

Subdivision Agnes Davidson

MLS® Listing ID A2181787

Style Bungalow

Bedrooms 1

Originating Board Lethbridge & District Association of REALTORS®

Year Built 1953

Lot Size 5,564 Sqft

Acres 5564.0

Property Description

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! (id:24570)

Location

Province AB

Rooms

Extra Room 1 Main level .00 Ft x .00 Ft 4pc Bathroom

Extra Room 2 Main level 1.08 Ft x 1.08 Ft Bedroom

Interior

Heating Forced air

Cooling None

Flooring Carpeted, Hardwood, Linoleum, Vinyl Plank

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Partially fenced

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

Listed by Lethbridge Real Estate.com

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(587) 700-2208

therealjamesheenan@gmail.com

510 6 Ave SE ,, Calgary, ALBERTA, None, T2G 1L7, USA

1423 13 Avenue S Lethbridge, AB T1K0R6