1423 & 1425 13 Avenue S Lethbridge, Alberta T1K 0R6
$599,900
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:40000)
Property Details
| MLS® Number | A2147605 |
| Property Type | Multi-family |
| Community Name | Agnes Davidson |
| Parking Space Total | 4 |
| Plan | 838y |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1953 |
| Fireplace Present | No |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Size Interior | 1680 Sqft |
| Total Finished Area | 1680 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | R-l |
https://www.realtor.ca/real-estate/27224445/1423-1425-13-avenue-s-lethbridge-agnes-davidson
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Lethbridge & District Association of REALTORS®
Lethbridge Real Estate.com
November 19 2024 03:20:56
