515 11 Street S Lethbridge, Alberta T1J 2P1

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6,258 ft2

$1,700,000

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 rentals? Investor 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:48985)

Property Details

MLS® Number A2256904
Property Type Multi-family
Community Name London Road
Parking Space Total 8
Plan 4353s

Building

Constructed Date 1910
Size Exterior 6258 Sqft
Size Interior 6,258 Ft2
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

https://www.realtor.ca/real-estate/28859564/515-11-street-s-lethbridge-london-road