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Renanza Realty
For sale

515 11 Street S

Lethbridge, Alberta

MLS® A2342047

$1,700,000

Status
Active
Property type
Multi-family
MLS® number
A2342047
Bedrooms
Bathrooms
Year built
1910

Listing 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 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.

Property summary

MLS® number
A2342047
Property type
Multi-family
Building type
Multi-Family
Square footage
6,258 sq ft
Land size
6258 square feet
Built in
1910
Annual property taxes
$15,269.00
Parking
8 spaces
Days on market
15 days

Features & details

Cooling
See Remarks
Exterior features
Concrete, Vinyl siding

What would this home cost you?

Based on the $1,700,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,910 /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 SUTTON GROUP - LETHBRIDGE, 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.