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$725,000

1717 St Edward Boulevard NORTH, Lethbridge, AB, T1H 1X2

MLS® # A2331849

Lethbridge AB, T1H 1X2

MLS® # A2331849

Property Information:

Fully Rented Fourplex - Turnkey Investment OpportunityLooking to add a solid income-producing property to your portfolio? This well-maintained northside fourplex offers immediate rental income with all four units currently occupied by long-term, reliable tenants.Each spacious unit features 2 bedrooms, 1 bathroom, in-suite laundry, and its own private storage area. Three of the four units have been tastefully updated, while the fourth has been exceptionally well cared for by a long-term tenant, offering future upside whenever turnover occurs.Major capital improvements have already been completed, including the roof (2016) and windows (2017), helping reduce future maintenance costs. Utilities are separately metered, with tenants responsible for their own utility expenses, making this an efficient investment to manage.Conveniently located close to schools, parks, public transit, and everyday amenities, this property continues to attract quality tenants in a desirable rental location.Whether you're expanding your portfolio or purchasing your first multi-family investment, this fully occupied fourplex offers strong income potential with room for future growth.

Inclusions: 4-Fridge, 4-Stove, 4-Washer, 4-Dryer

Building Features:

  • Total Finished Area: 1934.48

Property Features:

  • Built in: 1974
  • Floor Space (approx): 1934.48 Square Feet
  • Lot Size: 8609.00 Square Feet
  • Zoning: R-60
  • No. of Parking Spaces: 8

Courtesy of: LPT Realty

Data provided by: Lethbridge And District Association Of REALTORS® 516 6 St. S, Lethbridge, Alberta T1J 2E2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 1717 St Edward Boulevard NORTH, Lethbridge, AB, T1H 1X2

Demographic Information of 1717 St Edward Boulevard NORTH, Lethbridge, AB, T1H 1X2

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$88,509.47

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.82 %

High school certificate or equivalent

38.89 %

Apprenticeship trade certificate/diploma

9.07 %

College/non-university certificate

19.93 %

University Degree

8.3 %

Commuter

Travel To Work

By Car

92.6 %

By Public Transit

3.57 %

By Walking

0.61 %

By Bicycle

0.09 %

By Other Methods

3.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.43 %

Houses

68.57 %

Own Vs. Rent