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

MLS® Number: A2181787
1
Bedrooms
1
Bathrooms
1768
Square Feet

Listing Description

This full duplex, with 2 illegal suites, 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. a couple units have been updated for enhanced comfort and appeal.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. Current Performance: IRR = 8.3%, Cap Rate = 5.6%, Market Potential: EST. IRR = 10.45%, Cap Rate = 7.8%, Proforma details available on request, Virtual tours of each suite are accessible—ask your REALTOR® today!Whether you're a seasoned investor or just expanding your portfolio, this property offers a perfect blend of stability and growth potential. Don't miss out! Your Realtor has access to video tours on the suites, they are a MUST SEE! (29886038)

Property Summary

Property Type
Multi-family
Storeys
1
Square Footage
1768 sqft
Community Name
Agnes Davidson
Subdivision Name
Agnes Davidson
Title
Freehold
Land Size
5564 sqft|4,051 - 7,250 sqft
Built in
1953
Annual Property Taxes
$7,800.37
Parking Type
Detached Garage (2), Other
Time on REALTOR.ca
18 days

Building

Bedrooms
Above Grade
1
Bathrooms
Total
1
Partial
0
Interior Features
Appliances Included
Refrigerator, Range - Electric, See remarks, Washer & Dryer
Flooring
Carpeted, Hardwood, Linoleum, Vinyl Plank
Basement Type
Full (Finished)
Building Features
Features
See remarks, Back lane
Foundation Type
Poured Concrete
Style
Attached
Architecture Style
Bungalow
Structures
None
Total Units
2
Heating & Cooling
Cooling
None
Heating Type
Forced air
Neighbourhood Features
Amenities Nearby
Schools, Shopping
Parking
Parking Type
Detached Garage (2), Other
Total Parking Spaces
4

Measurements

Square Footage
1768 sqft
Total Finished Area
1768 sqft

Rooms

MetricImperial
Main level
4pc Bathroom
Bedroom

Land

Lot Features
Fencing
Partially fenced
Frontage
14.02 m
Land Depth
36.57 m
Other Property Information
Zoning Description
R-L
Data provided by: Pillar 9™

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