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Home AB Greater Lethbridge Lethbridge Agnes Davidson
1423 & 1425 13 Avenue S
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1423 & 1425 13 Avenue S $599,900
$599,900
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1423 & 1425 13 Avenue S
Lethbridge, Alberta T1K0R6

MLS® Number: A2147605

Listing Description

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! (29372050)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Agnes Davidson
Subdivision Name
Agnes Davidson
Title
Freehold
Land Size
Unknown
Built in
1953
Annual Property Taxes
$7,800.37
Parking Type
Detached Garage (2), Other
Time on REALTOR.ca
113 days

Building

Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Poured Concrete
Heating & Cooling
Heating Type
Forced air
Parking
Parking Type
Detached Garage (2), Other
Total Parking Spaces
4

Measurements

Square Footage
1680 sqft
Total Finished Area
1680 sqft

Land

Other Property Information
Zoning Description
R-L
Data provided by: Pillar 9™

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