x
Showing 1 of 0
X
Save

1423 13 Avenue S
Lethbridge Alberta T1K0R6 Canada

$599,900

Active Listing ID A2181787
bed icon
1 bed
rule icon
1,768 square feet
bath icon
1.00 Bath
home icon
Multi-family

$599,900

Active Listing ID A2181787
Save

1423 13 Avenue S 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:203)

Collapse all

Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Floor Covering: Hardwood, Carpeted, Linoleum, Vinyl Plank
  • Heating Systems: Forced air
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 12/7/2024 7:30:23 PM GMT
Source Updated Date: 12/21/2024 11:34:56 PM GMT

Courtesy of: MILES GODLONTON, Associate Broker, Lethbridge Real Estate.com