1717 St Edward Boulevard N
Lethbridge, Alberta
MLS® A2331849
$725,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2331849
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1974
1 / 38Listing description
Fully Rented Fourplex - Turnkey Investment OpportunityLooking to add a solid income-producing property to your portfolio? This well-maintained northside fourplex offers immediate rental income with all four units currently occupied by long-term, reliable tenants. Each spacious unit features 2 bedrooms, 1 bathroom, in-suite laundry, and its own private storage area.
Three of the four units have been tastefully updated, while the fourth has been exceptionally well cared for by a long-term tenant, offering future upside whenever turnover occurs. Major capital improvements have already been completed, including the roof (2016) and windows (2017), helping reduce future maintenance costs. Utilities are separately metered, with tenants responsible for their own utility expenses, making this an efficient investment to manage.
Conveniently located close to schools, parks, public transit, and everyday amenities, this property continues to attract quality tenants in a desirable rental location. Whether you're expanding your portfolio or purchasing your first multi-family investment, this fully occupied fourplex offers strong income potential with room for future growth.
Property summary
- MLS® number
- A2331849
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 1,934 sq ft
- Title
- Freehold
- Land size
- 8609 square feet
- Built in
- 1974
- Annual property taxes
- $8,637.00
- Parking
- 8 spaces
- Days on market
- 34 days
What would this home cost you?
Based on the $725,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of LPT Realty, Calgary.
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.