515 11 Street S

An incredible opportunity to own a fully operational 10-unit multi-family property in the heart of Lethbridge. This purpose-built 10-plex features nine fully furnished one-bedroom suites and one unfurnished long-term suite, all designed for strong income generation and minimal vacancy.Property Features9 furnished 1-bedroom units with kitchens & 3-pc bathrooms1 unfurnished long-term 1-bedroom unitEach suite equipped with its own hotel-style heat/AC unitShared laundry (washer & dryer in common area)High-quality furnishings, bedding, linens & big-screen TVs includedFully stocked kitchens with appliances, dishes & utensilsIndividual internet routers & programmable WiFi door locks for each unitOutdoor storage shed with shovels, brooms & maintenance tools?? Location BenefitsSituated close to downtown Lethbridge amenities, transit, and schoolsWalkable neighborhood with excellent rental demandFlexible property strategy: continue current STR/LTR mix or convert to all long-term rentalsInvestor ReadyThis property comes fully furnished and equipped—turn the key and start collecting rent. With strong financial performance and professional management potential, this 10-plex is an ideal addition to any investor’s portfolio. (id:67197)

Price

$1,700,000

Property Type

Multi-family

Transaction Type

For sale

Parking

8

MLS® Number

A2342047

Interior Size

6258 sqft

Year Built

1910

Building Type

Multi-Family

Cooling

See Remarks

Exterior Finish

Concrete, Vinyl siding

Fireplace

No

Interior Size

6258 sqft

Year Built

1910

Size Total

6258 sqft|4,051 - 7,250 sqft

Size Frontage

15.24 m

Size Depth

38.1 m

Acreage

No