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Tyler Martineau

Senior partner and listing specialist

  • Office 403-317-0300
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2931 28 Avenue S, Lethbridge, AB – $1,300,000

  • $1.3M Price
  • 8674 Acres
  • $1.3M Price
  • 8674 Acres

2931 28 Avenue S

Don't miss this RARE opportunity to own a full multi revenue property on the south side right by the college. This newer built, immaculately kept property boast 4 individual units with a total of 19 bedrooms to generate solid revenue which the current owner runs at full capacity. These roomy multi bedroom, multi bathroom, off street parking units offer all appliances plus a downstairs freezer and coin laundry facilities inside each unit. Units 1, 2 & 4 offer a master bedroom with 1/2 bath, plus 4 other bedrooms (2 up / 2 down) and 2 full and 1 1/2 bath for a total of 5 bedrooms/4 bathrooms per unit. Unit 3 offers the master plus 1/2 bath, with 2 other upper bedrooms and a full bath, 1/2 bath main and a large studio rental room in the basement earning increased rent on that space for a total of 4 bedrooms/3 bathrooms. All 4 units generate revenue from 19 bedroom rental spaces for maximum revenue generated throughout the school year. Included on the property are two garages both not part of the current rental revenue and being used personally by current owner but opportunity to increase the revenue with these garage rental spaces. This type of opportunity doesn't come up often so call your Realtor today!

Essential Information

  • MLS® #LD0161273
  • Price$1,300,000
  • Acres8,674.00
  • Year Built2014
  • TypeMulti-Family
  • Sub-TypeFourplex
  • StatusActive

Community Information

  • Address2931 28 Avenue S
  • AreaLethbridge City
  • SubdivisionLethbridge City South
  • CityLethbridge
  • CountyLethbridge, County of
  • StateAB
  • Zip CodeT1K 6Y4

Amenities

  • Parking Spaces11

Parking

Front Parking, Garage - Double, Garage - Single

Interior

  • InteriorCarpet, Vinyl Plank
  • HeatingFurnace - Forced Air - 1

Exterior

  • Exterior FeaturesDeck
  • Lot DescriptionStandard
  • RoofShingle - Asphalt
  • ConstructionMixed
  • FoundationConcrete

Additional Information

  • ZoningR-50

Listing Details

  • OfficeCIR REALTY - Lethbridge
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