London Road
FOR SALE
$1,700,000
PURCHASE PRICE
515 11 Street S, Lethbridge · T1J 2P1
MULTI FAMILY · BUILT 1910
MLS A2342047 · 0 DAYS ON MARKET
Interested in this commercial property?
JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.
RE/MAX Complete Realty · Calgary
ABOUT THIS PROPERTY
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 Features 9 furnished 1-bedroom units with kitchens & 3-pc bathrooms 1 unfurnished long-term 1-bedroom unit Each suite equipped with its own hotel-style heat/AC unit Shared laundry (washer & dryer in common area) High-quality furnishings, bedding, linens & big-screen TVs included Fully stocked kitchens with appliances, dishes & utensils Individual internet routers & programmable WiFi door locks for each unit Outdoor storage shed with shovels, brooms & maintenance tools?? Location Benefits Situated close to downtown Lethbridge amenities, transit, and schools Walkable neighborhood with excellent rental demand Flexible property strategy: continue current STR/LTR mix or convert to all long-term rentals Investor Ready This 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.
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
BUILDING
- TYPE
- Multi Family
- YEAR BUILT
- 1910
- CONSTRUCTION
- Concrete · Vinyl Siding · Wood Frame
- ROOF
- Asphalt Shingle
PARKING
- TOTAL PARKING
- 8
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 6,258
- LOT SIZE (ACRES)
- 0.14
COMMUNITY
- COMMUNITY
- London Road
- ZONING
- DC
- POSTAL CODE
- T1J 2P1
UTILITIES & COSTS
- COOLING
- Other
- ANNUAL TAXES
- $15,269