01 / Property Detail
VICTORIA PARK
1312 4 Avenue S, Lethbridge, AB
$425,000
Residential · MLS® A22873743Bedrooms
2Bathrooms
1,550Sq Ft
0Garage
1936Year Built
02 / Overview
PROPERTY OVERVIEW
Immaculate FULL duplex in prime Southside location. Properties like this rarely come to market! 2 bedroom one bath on one side and 1 bedroom 1 bath on the other side. Legal duplex on one title. Both kitchens feature dishwashers. Each unit has separate laundry in basement. They don't come any trendier than this. New flooring on East unit. Updated windows. Separate furnaces. Freshly painted with many new appliances. Basement features additional storage space along with potential for extra living areas....
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area1,550 sq ft
Lot Size2,499 sq ft
ZoningR-L
HeatingForced Air • Natural Gas
CoolingNone
ParkingNone
ExteriorOther
BasementPartial
Year Built1936
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$980After mortgage & expenses
Cap Rate7.2%Based on market rents
Cash on Cash Return13.8%With 20% down payment
Est. Monthly Rent$2,863Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
VICTORIA PARK
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Juan Halluk · Lethbridge Real Estate.com