$599,900.00 0 Sq.ft

1423 & 1425 13 Avenue S, Lethbridge. T1K 0R6

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!

Listing Information

Prop. Type:Multi-Family
Status:Active
MLS #:A2147605
City:Lethbridge
Neighbourhood:Agnes Davidson
Province:Alberta
Building/Unit Size: 0 sq.ft
Land Size:0.00 Acre
Listing Price:$599,900.00
Lease Rate: $0.00
Business Type:
Property Subtype:4 plex
Transaction Type:For Sale
Land Use Code:R-L
Listing Contract Date:2024-07-27

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Lethbridge Real Estate.com" listing brokerage.

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