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Renanza Realty
For sale

1252 & 1254 6 Avenue S

Lethbridge, Alberta

MLS® A2331713

$249,900

Status
Active
Property type
Multi-family
MLS® number
A2331713
Bedrooms
1
Bathrooms
1
Year built
1896

Listing description

Calling all investors and renovators! This full duplex requires extensive repairs and updating and is being sold as is, where is. Whether you're looking to expand your investment portfolio, or secure a prime redevelopment opportunity, this London Road property delivers exceptional potential.

Situated on an expansive 8,169 sq. ft. lot with convenient alley access, this full duplex offers four self-contained rental suites - the two upstairs units are non-conforming/illegal suites.

There are two 2-bedroom units and two 1-bedroom upper suites which is ideal in providing multiple income streams from day one. Located in one of Lethbridge's most sought-after mature neighborhoods, this property is equally attractive for its future possibilities. The generous lot size offers excellent potential for an infill project or a custom redevelopment, making it an ideal land holding while earning rental income.

There's also room for a future garage or additional site improvements (buyers are encouraged to complete their own planning and development due diligence with the City of Lethbridge). This is a rare opportunity for both seasoned investors and builders looking to capitalize on the ongoing demand in desirable London Road. Contact your REALTOR® today for more information or to arrange your private viewing.

Property summary

MLS® number
A2331713
Property type
Multi-family
Square footage
3,098 sq ft
Title
Freehold
Land size
8169 square feet
Built in
1896
Annual property taxes
$6,187.00
Parking
8 spaces · Other
Days on market
34 days

Features & details

Heating
Forced air
Cooling
None
Basement
Unfinished, Full
Flooring
Carpeted
Appliances
None
Exterior features
Brick, Wood siding
Lot features
Back lane

What would this home cost you?

Based on the $249,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,163 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Century 21 Foothills South Real Estate, Lethbridge.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.