Active

ST EDWARDS

1108 10 Avenue N, Lethbridge, AB

$424,750

Residential · MLS® A2326283
5Bedrooms
3Bathrooms
2,671Sq Ft
6Garage
1979Year Built
02 / Overview

PROPERTY OVERVIEW

A solid opportunity in a quiet northside location. This 2,265 sq. ft. semi-detached property offers two above-grade illegal suites, providing flexibility for multi-generational living or the option to retain a tenant and offset costs. The upper level features a bright and spacious three-bedroom unit with an updated kitchen and bathroom, hardwood flooring, a 3-piece ensuite in the primary bedroom, and a private front terrace. There is also a dedicated parking pad for three vehicles, along with a front storage/garage space...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area2,671 sq ft
Lot Size5,120 sq ft
ZoningR-L
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorNone
BasementNone
Year Built1979
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,193After mortgage & expenses
Cap Rate7.8%Based on market rents
Cash on Cash Return16.9%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ST EDWARDS

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by CHUCK GULYAS · RE/MAX REAL ESTATE - LETHBRIDGE