Property Details

515 11 Street S
Lethbridge (A2256904)

$1,700,000
6,258 ft²
Loading Listing...

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

An incredible opportunity to own a fully operational 10-unit multi-family property in the heart of Lethbridge. This purpose-built 10-plex features nine fully furnished one-bedroom suites and one unfurnished long-term suite, all designed for strong income generation and minimal vacancy. ?? Property Features 9 furnished 1-bedroom units with kitchens & 3-pc bathrooms 1 unfurnished long-term 1-bedroom unit Each suite equipped with its own hotel-style heat/AC unit Shared laundry (washer & dryer in common area) High-quality furnishings, bedding, linens & big-screen TVs included Fully stocked kitchens with appliances, dishes & utensils Individual internet routers & programmable WiFi door locks for each unit Outdoor storage shed with shovels, brooms & maintenance tools?? Location Benefits Situated close to downtown Lethbridge amenities, transit, and schools Walkable neighborhood with excellent rental demand Flexible property strategy: continue current STR/LTR mix or convert to all long-term rentals ? Investor Ready This property comes fully furnished and equipped—turn the key and start collecting rent. With strong financial performance and professional management potential, this 10-plex is an ideal addition to any investor’s portfolio.

Property details

Basic Info

MLS® #
A2256904
Property Type:
Commercial
Subtype:
Multi Family
Subdivision:
London Road
Price
$1,700,000
Sale/Lease:
For Sale
Size:
6,258 sq.ft.
Year Built:
1910 (115 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
(10) fridges, (10) stoves, (1) washer, (1) dryer, (10) Wall Mounted A/C units.

Lot / Land Info

Lot Size:
0.14 acres
Zoning:
DC

Materials & Systems

Roof:
Asphalt Shingle

Listing Info

Possession:
Negotiable
Days on Market:
40
Your Agent
  • Donna Wilson

    Sutton Group - Grande Prairie Professionals
    780-228-2224

    Email

    Ask a question
    Share This Listing
    Related Properties
    Categories