CIR REALTY

1423 13 Avenue S , Lethbridge, 0203,T1K 0R6 ; Listing Number: MLS A2181787

1423 13 Avenue S

Lethbridge

Update on 2023-07-04 10:05:04 AM

ACTIVE

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$ 599,900

BEDROOMS

1 + 0

BATHROOMS

1768

SQUARE FEET

1953

YEAR BUILT

MLS® Number

A2181787

PROPERTY TYPE

Residential

LISTING DATE

2024-12-03

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!