1423 13 Avenue S, Lethbridge   ||   $550,000

DETAILS

MLS® NUMBER A2181787
BUILDING TYPE Full Duplex
PROPERTY CLASS Residential
TOTAL BEDROOMS 1
BATHROOMS 1
SQUARE FOOTAGE 1768 Square Feet
YEAR BUILT 1953
BASEMENT None
GARAGE Yes
TOTAL PARKING 4
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.
Listing Brokerage: Lethbridge Real Estate.com

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