515 11 ST S new

Lethbridge,AB T1J 2P1

$ 1700000

- Bed

- Bath

6258 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 A2256904

HOA Y/N No

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.

Location

Province AB

County 0203

Zoning DC

Interior

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

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