1423 13 Avenue S, Lethbridge, Alberta

$550,000

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Bed

Bath

1,768

Square feet

0.13

Acres

Overview
Facts & Features
Map & Directions

About 1423 13 Avenue S

This full duplex, with 2 illegal suites, Proforma shows a IRR = 9.16% / Cap Rate = 6.26% 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. The building has seen upgrades including windows & some interior suite improvements. Individual suite virtual tours available. Proforma available upon request.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. (id:36535)

Features of 1423 13 Avenue S

Listing #	A2181787
Price	$550,000
Bedrooms	1
Bathrooms	1.00
Square Footage	1,768
Acres	0.13
Year Built	1953
Type	Multi-family
Sub-Type	Freehold
Style	Bungalow

Community Information

Address	1423 13 Avenue S
Subdivision	Agnes Davidson
City	Lethbridge
Province	Alberta
Postal Code	T1K0R6

Amenities

Amenities	Schools, Shopping
Features	See remarks, Back lane
Parking Spaces	4
Parking	Detached Garage, Other
# of Garages	2
Is Waterfront	No
Has Pool	No

Interior

Appliances	Refrigerator, Range - Electric, See remarks, Washer & Dryer
Heating	Forced air
Cooling	None
Fireplace	No
# of Stories	1
Has Basement	Yes

Exterior

Foundation	Poured Concrete

Listing Details

Office	Courtesy Of MILES GODLONTON and RYAN GODLONTON Of Lethbridge Real Estate.com