1423 13 Avenue South Lethbridge, AB T1K 0R6

$550,000
1
Beds
1
Baths
0.13
Acres
1,768
SQFT
311
$/SQFT
$550,000
1
Beds
1
Baths
1,768   sf
$311 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Lethbridge
  • Status
    Active
  • Listing #
    A2181787
  • Built
    1953
  • Lot Size
    0.13
  • Listed on site
    82 days
  • Listing Brokerage
    Lethbridge Real Estate.com

Listed by:

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated: 2025-02-16 13:58:54
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Property details

Community Features

  • No HOA

Property Features

  • InLaw Suite

Exterior features

  • Has garage
  • Garage Detached
  • No Pool

Interior Features

  • Carpet Floors
  • Basement Finished
  • Basement Full

Style

  • Bungalow
  • One Story
  • Ranch / One Story

Property History

DateDays AgoEventNew Price
Feb 10, 202513 days agoPrice decreased49,900 (8%)$550,000
Dec 3, 20243 mos agoNew on market$599,900
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