515 11 Street S Lethbridge, Alberta T1J 2P1

6,258 sqft
See Remarks

$1,700,000

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 Features9 furnished 1-bedroom units with kitchens & 3-pc bathrooms1 unfurnished long-term 1-bedroom unitEach suite equipped with its own hotel-style heat/AC unitShared laundry (washer & dryer in common area)High-quality furnishings, bedding, linens & big-screen TVs includedFully stocked kitchens with appliances, dishes & utensilsIndividual internet routers & programmable WiFi door locks for each unitOutdoor storage shed with shovels, brooms & maintenance tools?? Location BenefitsSituated close to downtown Lethbridge amenities, transit, and schoolsWalkable neighborhood with excellent rental demandFlexible property strategy: continue current STR/LTR mix or convert to all long-term rentalsInvestor ReadyThis 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. (id:60123)

Property Details

MLS® Number A2342047
Property Type Multi-family
Community Name London Road
Parking Space Total 8
Plan 4353s

Building

Constructed Date 1910
Construction Material Poured Concrete, Wood Frame
Cooling Type See Remarks
Exterior Finish Concrete, Vinyl Siding
Size Exterior 6258 Sqft
Size Interior 6,258 Sqft
Total Finished Area 6258 Sqft
Type Multi-family

Land

Acreage No
Size Depth 38.1 M
Size Frontage 15.24 M
Size Irregular 6258.00
Size Total 6258 Sqft|4,051 - 7,250 Sqft
Size Total Text 6258 Sqft|4,051 - 7,250 Sqft
Zoning Description Dc

https://www.realtor.ca/real-estate/30225466/515-11-street-s-lethbridge-london-road

Contact Us

Contact us for more information

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Colin Harms
Associate

(403) 308-3308
(403) 320-6427
www.facebook.com/listingorbuying
www.twitter.com/actioncolin

Sutton Group - Lethbridge
1010 - 3 Ave. S.
Lethbridge, Alberta T1J 0J4

(403) 320-6411
suttonhomesforsale.com/