515 11 Street S, Lethbridge, Alberta

$1,700,000

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6,258

Square feet

0.14

Acres

About 515 11 Street S

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. (id:36535)

Features of 515 11 Street S

Listing # A2342047
Price $1,700,000
Bathrooms 0.00
Square Footage 6,258
Acres 0.14
Year Built 1910
Type Multi-family

Community Information

Address 515 11 Street S
Subdivision London Road
City Lethbridge
Province Alberta
Postal Code T1J2P1

Amenities

Parking Spaces 8
Is Waterfront No
Has Pool No

Interior

Cooling See Remarks
Fireplace No
Has Basement No

Exterior

Exterior Concrete, Vinyl siding
Construction Poured concrete, Wood frame

Listing Details

OfficeCourtesy Of SUTTON GROUP - LETHBRIDGE

Listing Map