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:58287)
MLS® Number | A2181787 |
Property Type | Multi-family |
Community Name | Agnes Davidson |
Amenities Near By | Schools, Shopping |
Features | See Remarks, Back Lane |
Parking Space Total | 4 |
Plan | 838y |
Structure | None |
Bathroom Total | 1 |
Bedrooms Above Ground | 1 |
Bedrooms Total | 1 |
Appliances | Refrigerator, Range - Electric, See Remarks, Washer & Dryer |
Architectural Style | Bungalow |
Basement Development | Finished |
Basement Type | Full (finished) |
Constructed Date | 1953 |
Construction Style Attachment | Attached |
Cooling Type | None |
Flooring Type | Carpeted, Hardwood, Linoleum, Vinyl Plank |
Foundation Type | Poured Concrete |
Heating Type | Forced Air |
Stories Total | 1 |
Size Interior | 1,768 Ft2 |
Total Finished Area | 1768 Sqft |
Detached Garage | 2 |
Other |
Acreage | No |
Fence Type | Partially Fenced |
Land Amenities | Schools, Shopping |
Size Depth | 36.57 M |
Size Frontage | 14.02 M |
Size Irregular | 5564.00 |
Size Total | 5564 Sqft|4,051 - 7,250 Sqft |
Size Total Text | 5564 Sqft|4,051 - 7,250 Sqft |
Zoning Description | R-l |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Main Level | 4pc Bathroom | .00 Ft x .00 Ft | ||
Main Level | Bedroom | 1.08 Ft x 1.08 Ft |
https://www.realtor.ca/real-estate/27704251/1423-13-avenue-s-lethbridge-agnes-davidson
Contact us for more information
Miles Godlonton
Associate Broker
(403) 327-8001
(403) 320-9965
lethbridgerealestate.com/
Ryan Godlonton
Associate
(403) 327-8001
(403) 320-9965
lethbridgerealestate.com/