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:51989)
Features of 515 11 Street S
- MLS® Number A2342047
- Price $1,700,000
- Square Footage: 6258 sqft
- Property Type: Multi-Family
- Community Name: London Road
- Parking Space Total 8
- Plan 4353s
Buildings
| Constructed Date | 1910 | Construction Material | Poured Concrete, Wood Frame |
| Cooling Type | See Remarks | Exterior Finish | Concrete, Vinyl Siding |
| Size Exterior | 6258 Sqft | Size Interior | 6258 Sqft |
| 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 |
Agents and Offices
- Colin Harms
- Office: Sutton Group - Lethbridge