515 11 Street S,Lethbridge, AB T1J2P1
Lethbridge, AB T1J2P1
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. (id:7524)
Details
| MLS # | A2342047 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1910 |
| Days On Site | 32 |
| Listing Provided By | SUTTON GROUP - LETHBRIDGE | Colin Harms |
Features
| SQ Feet | 6,258 |
|---|---|
| Zoning | DC |
| Acreage | 0.14 |
Interior
| Cooling | See Remarks |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Construction Materials | Poured concrete, Wood frame |
|---|
Parking
| Parking Total | 8 |
|---|
Taxes
| Tax Annual Amount | 15269 |
|---|---|
| Tax Block | 60 |
| Tax Lot | 42, 43 |
| Tax Year | 2026 |
Area Information
| Province | AB |
|---|---|
| City | Lethbridge |
| Postal Code | T1J2P1 |
| Community Name | London Road |
| Listing VS Median (in London Road) | |
Price: $1,700,000 low | high Med: $394,450 sqft: 6,258 low | high Med: 1,254 $ / sqft: $272 low | high Med: $326 On site: 32 low | high Med: 125.5 | |
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Learn More About This Property
| Province | AB |
|---|---|
| City | Lethbridge |
| Postal Code | T1J2P1 |
| Community Name | London Road |
| Listing VS Median (in London Road) | |
Price: $1,700,000 low | high Med: $394,450 sqft: 6,258 low | high Med: 1,254 $ / sqft: $272 low | high Med: $326 On site: 32 low | high Med: 125.5 | |
