Calgary Realtor

$399,000 · For Sale
712 9 Avenue S, Lethbridge, Alberta
4+2Bedrooms
3Bathrooms
1,497sq ft
6,720sq ft Lot
172Days on Market

About This Property

Now is your opportunity to purchase a revenue generating property featuring three suites and a garage. The main floor and basement floor are long-term renters (13 and 9 years respectively) and would love to stay, while the third tenant has been in place for 18 months.Major updates include a roof replaced approximately 11 years ago, a high-efficiency furnace installed 12 years ago, and two hot water tanks replaced 7 years ago.This property offers a great opportunity for a first-time landlord or an investor looking to expand their portfolio. The upper and basement suites are non-approved, and each unit has its own separate entrance. Laundry is located in the basement and is shared between the main floor and basement tenants, while the upper tenant currently uses a laundromat.Don’t miss out! contact your favorite Realtor today to book a showing!

Key Features

  • Built in 1949
  • House
  • Freehold
  • Basement: Partially finished, Partial, Separate entrance, Walk-up, Suite
  • Detached Garage, Other, Concrete Parking
  • Natural gas, Central heating Heat

Property Details

Community London Road
Property Type House
Building Type House
Storeys 1.5
Year Built 1949
Ownership/Title Freehold
MLS® Number A2300993

Size & Land

Finished Area 1,497 sq ft
Land Size 6,720 sq ft Lot

Building Features

Basement Partially finished, Partial, Separate entrance, Walk-up, Suite
Heating Natural gas, Central heating
Cooling None
Foundation Poured Concrete

Parking

Parking Type Detached Garage, Other, Concrete
Parking Spaces 2

Financial & Other

Property Taxes $3,231/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$1,695/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$1,695
  • Property tax$269
  • Estimated total$1,964/mo
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Listing courtesy of REAL BROKER · Lethbridge & District Association of REALTORS®
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