About 1423 & 1425 13 Avenue S
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!
Features of 1423 & 1425 13 Avenue S
| MLS® # | A2147605 |
|---|---|
| Price | $599,900 |
| Bathrooms | 0.00 |
| Square Footage | 1,680 |
| Acres | 0.00 |
| Year Built | 1953 |
| Type | Multi-Family |
| Sub-Type | 4 plex |
| Status | Active |
Community Information
| Address | 1423 & 1425 13 Avenue S |
|---|---|
| Subdivision | Agnes Davidson |
| City | Lethbridge |
| County | Lethbridge |
| Province | Alberta |
| Postal Code | T1K 0R6 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Double Garage Detached, Off Street |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Full |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation | Poured Concrete |
Additional Information
| Date Listed | July 27th, 2024 |
|---|---|
| Days on Market | 118 |
| Zoning | R-L |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Lethbridge Real Estate.com |
|---|