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3620 23 S Avenue
Lethbridge, AB, T1K 5H9

Beds

-

Baths

-

Size

-

Lot

194.00X246.00 Acres

Price

$3,690,000
Status
Active
Listing
Multi-Family
Style
N/A
Year Built
1984
MLS #
LDLD0158950

About 3620 23 S Avenue, Lethbridge, AB

What an amazing opportunity to own an entire building with 30 separate titles! This building has been meticulously taken care of since this owner has had it. There are 30 units in here. 21 of the units are 2 bedrooms, and 9 are 1 bedroom units. There are just two vacant right now. This building has a lot of long term tenants too! If you're looking at buying and holding real estate, this is a nice one to have in your portfolio. Gross income of almost $300,000 in 2018. If you fill this building up in the last two units, you would see a total rental pool of over $26,000/month. (2 bedroom units rent from $875, and 1 beds rent from $825-$850/month) One other thing to consider here is the fact that there are 30 separate titles. That means that you could fix up a unit, and sell it off if you ever wanted an influx of cash. Could you add $10,000 to each unit, and sell them all individually like a developer? That is a neat prospect that is hard to find in other buildings of this nature. If you have been looking for a complete package, this could be the one for you.

Key Features

Beds
N/A
House Size
N/A
Lot Size
47754
Property Type
Multi-Family
Year Built
1984
Sewer
Municipal
Baths
N/A
Style
N/A
Stories
N/A
Garage
N/A
Basement
N/A
Water
N/A

Interior Features

Total Rooms
N/A
Total Sq. Ft.
N/A
Master Bedroom
N/A
Living Room
N/A
Basement
N/A
Fireplace
N/A
Heating
Natural Gas
Cooling
N/A

Exterior Features

Lot Dimensions
194.00X246.00 Acres
Lot Size
47754
Lot Description
N/A
General
30 Fridges, 30 Stoves, 30 Dishwashers, 3 sets of Coin Op Laundry. (One on each floor)
Exterior
Balcony
Pool
N/A
Roof
Shingle - Asphalt
Garage
N/A
Garage Type
Off Street Parking, Parking - Plug-In, Parking Space(s),See Remarks
Street Parking
N/A
Waterfront
N/A
Pool Type
N/A

The Neighborhood

County
Lethbridge, County of
Township
N/A
Elementary School
N/A
Middle School
N/A
High School
N/A

Listing Provider Info

Listing Agent
JUSTIN MYER
Listing By
Lethbridge Real Estate.com
Broker Location
2219 - 2 Avenue North, Lethbridge, AB, T1H 0C1
Property ID
LD0158950

Listing Agent Info

Photo
Presented By
JUSTIN MYER
Lethbridge Real Estate.com

Office: (403) 327-8001
Agent: 403-894-6937
Website: Visit Website

Agent Bio Agent Listings Contact Me

Contact

Listing Agent

403-894-6937


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