1315 5 Avenue N, Lethbridge

$284,900

4 Beds
2 Baths
861 Sqft
0 Acres
3 Garages

LEGAL BASEMENT SUITE!! Fantastic investment opportunity with this cash flowing north side revenue property. Extensively upgraded both up and down. Newer kitchens, bathrooms, electrical panel and 24 X 36 three bay detached garage. Off street parking for 7 vehicles or more! 861 ft.² with two bedrooms up, two down and two full bathrooms. Main floor is currently rented out at $800 per month and the basement is currently rented out for $950.00 per month. Detached garage has been rented out for $200 per bay generating $2,350 in total rents. One bay is currently vacant. Two newer forced air furnaces installed in 2015 along with a 33 gallon hot water heater. Shingles were replaced in 2017. Price includes two fridges, two stoves and a washer and dryer (shared laundry). This is a great positive cash flowing investment opportunity with outstanding tenants up and down, all of whom would like to stay making this as simple a "turn-key" investment as a new landlord could hope for! Walking distance to any amenity your tenant could hope for. Grocery store, Tim Horton's, banks, transportation, churches, fast food and more! Development permit from the city of Lethbridge available upon request.

Essential Information
MLS® #LD0178179
Price$284,900
Bedrooms4
Bathrooms2.00
Full Baths2
Square Footage861
Acres0.00
Year Built1948
TypeResidential SF
Sub-TypeSingle Family Detached
StyleBungalow
StatusActive
Community Information
Address1315 5 Avenue N
AreaLethbridge City
SubdivisionLethbridge City North
CityLethbridge
CountyLethbridge, County of
ProvinceAB
Postal CodeT1H 0H1
Amenities
# of Garages3
Garages24x36
Utilities

Electricity, Garbage Collection, Natural Gas, Power, Sewer

Features

Fence - Partial, Flat Site, Landscaped, Nearby - Public Transportation, Nearby - Schools, Nearby - Shopping

Parking

Garage - Detached, Garage - Triple

Interior
InteriorVinyl Plank
HeatingFurnace - Forced Air - 2
Interior Features

Central Vacuum, Laundry - Shared, Suite-Legal, Window Coverings - Other

Appliances

Hood Fan, Refrigerator - 2, Stove

Exterior
Lot DescriptionStandard
RoofShingle - Asphalt
ConstructionFrame - Wood
Foundation

Concrete, Fully Finished, Separate Entry

Additional Information
ZoningR-L(W)P
HOA Fees0.00
Office

Re/Max Real Estate - Lethbridge

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