Calgary Realtor

$525,000 · For Sale
1501 16 Avenue S, Lethbridge, Alberta
1,675sq ft
8,172sq ft Lot
5Days on Market

About This Property

Discover the possibilities at 1501 16 Avenue S. This full duplex in south Lethbridge offers two complete, single level homes in one sale. Each unit features two bedrooms, a four piece bathroom, a kitchen, a comfortable living area, and its own laundry. One unit also includes a pantry and a walk-in closet in the primary bedroom.Mature trees lend the property a welcoming feel, while yard space, off street parking, and nearby parks add to its everyday appeal. The heated triple garage has no windows for added privacy. It is currently unrented, although a request has been made to rent it for $600 per month.Each unit rents for $1,375 per month, providing $33,000 in annual gross rental income from the duplex. Whether you’re expanding your investment portfolio or considering a property where you could eventually live in one unit and rent the other, this duplex is worth a closer look. Book a viewing with your favourite REALTOR® today!

Key Features

  • Built in 1941
  • Multi-Family
  • Freehold
  • Detached Garage, Parking Pad, Other Parking

Property Details

Community Agnes Davidson
Property Type Multi-Family
Building Type Multi-Family
Year Built 1941
Ownership/Title Freehold
MLS® Number A2337987

Size & Land

Finished Area 1,675 sq ft
Land Size 8,172 sq ft Lot

Parking

Parking Type Detached Garage, Parking Pad, Other
Parking Spaces 2

Financial & Other

Property Taxes $3,413/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$2,230/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

  • Mortgage$2,230
  • Property tax$284
  • Estimated total$2,514/mo
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Listing courtesy of eXp Realty of Canada · Lethbridge & District Association of REALTORS®
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