1423 13 Avenue S
Lethbridge T1K 0R6
MLS® Number: A2181787
$ 550,000
1
BEDROOMS
1 + 0
BATHROOMS
1,768
SQUARE FEET
1953
YEAR BUILT
This full duplex, with 2 illegal suites, Proforma shows a IRR = 9.16% / Cap Rate = 6.26% 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. The building has seen upgrades including windows & some interior suite improvements. Individual suite virtual tours available. Proforma available upon request. 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.
| COMMUNITY | Agnes Davidson |
| PROPERTY TYPE | Full Duplex |
| BUILDING TYPE | Duplex |
| STYLE | Bungalow, Side by Side |
| YEAR BUILT | 1953 |
| SQUARE FOOTAGE | 1,768 |
| BEDROOMS | 1 |
| BATHROOMS | 1.00 |
| BASEMENT | Finished, Full |
| AMENITIES | |
| APPLIANCES | Electric Range, Refrigerator, See Remarks, Washer/Dryer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Carpet, Hardwood, Linoleum, Vinyl Plank |
| HEATING | Forced Air |
| LAUNDRY | In Unit |
| LOT FEATURES | Back Lane, Back Yard, City Lot |
| PARKING | Double Garage Detached, Off Street |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | Lethbridge Real Estate.com |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| 4pc Bathroom | 0`0" x 0`0" | Main |
| Bedroom | 1`1" x 1`1" | Main |
