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$ 1,700,000
Est. payment | /mo
6,258 SqFt
$ 1,700,000
Est. payment | /mo
6,258 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,258 sqft
Price per Sqft $271
Subdivision London Road
MLS Listing ID A2342047
Year Built 1910
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Multi Family
Property 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 Features
9 furnished 1-bedroom units with kitchens & 3-pc bathrooms
1 unfurnished long-term 1-bedroom unit
Each suite equipped with its own hotel-style heat/AC unit
Shared laundry (washer & dryer in common area)
High-quality furnishings,bedding,linens & big-screen TVs included
Fully stocked kitchens with appliances,dishes & utensils
Individual internet routers & programmable WiFi door locks for each unit
Outdoor storage shed with shovels,brooms & maintenance tools?? Location Benefits
Situated close to downtown Lethbridge amenities,transit,and schools
Walkable neighborhood with excellent rental demand
Flexible property strategy: continue current STR/LTR mix or convert to all long-term rentals
Investor Ready
This 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 Features
9 furnished 1-bedroom units with kitchens & 3-pc bathrooms
1 unfurnished long-term 1-bedroom unit
Each suite equipped with its own hotel-style heat/AC unit
Shared laundry (washer & dryer in common area)
High-quality furnishings,bedding,linens & big-screen TVs included
Fully stocked kitchens with appliances,dishes & utensils
Individual internet routers & programmable WiFi door locks for each unit
Outdoor storage shed with shovels,brooms & maintenance tools?? Location Benefits
Situated close to downtown Lethbridge amenities,transit,and schools
Walkable neighborhood with excellent rental demand
Flexible property strategy: continue current STR/LTR mix or convert to all long-term rentals
Investor Ready
This 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.
Location
State AB
County 0203
Zoning DC
Direction S
Interior
Cooling Other
Inclusions (10) Fridges, (10) Stoves, (1) Washer, (1) Dryer, (10) Wall Mounted A/C Units
Fireplace No
Exterior
Roof Type Asphalt Shingle
Total Parking Spaces 8
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
Listed by SUTTON GROUP - LETHBRIDGE
Nearby Locations
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