515 11 Street S, Lethbridge, Alberta T1J 2P1

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$1,700,000

Highlights

$1,700,000

Price

6258 sqft

Lot

For sale

Status

A2256904

MLS® ID

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:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2256904
    • Price $1,700,000
    • Square Footage: 6258 sqft
    • Property Type: Multi-Family
    • Community Name: London Road
    • Parking Space Total 8
    • Plan 4353s

    Buildings

    Constructed Date 1910 Size Exterior 6258 Sqft
    Size Interior 6258 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

    Agents and Offices

    • Colin Harms
    • Office: Sutton Group - Lethbridge

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