1423 13 Avenue Unit# 1423, Lethbridge, Alberta T1K0R6 is For Sale and has a listing price of 599,900. The property is located in the Agnes Davidson neighbourhood. It's been on the website for 37 Days.
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 22×24 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! (id:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 12/03/2024 | A2181787 | $599,900 | For Sale | - | - |
| 07/27/2024 | A2147605 | $599,900 | For Sale | - | - |
| 4pc Bathroom - Main | .00 Ft x .00 Ft |
| Bedroom - Main | 1.08 Ft x 1.08 Ft |