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542 12 Street S

Lethbridge, AB T1J 2R7
  • $315,000
  • STATUS: Active
  • ID#: A2038246
UPDATED: 50 min ago
$315,000
  • 4
    BEDS
  • 0.1
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,697
    SQFT
  • $117
    $/SQFT
Neighbourhood:
Type:
Single-Family Home
Built:
1910
Area:

Description

This income property in Lethbridge's London Road Community boasts several benefits, making it an ideal investment opportunity. The central location of the property provides easy access to downtown and several amenities, making it a convenient living option for tenants. The fact that a vehicle is not necessary further adds to its appeal.The property includes three separate suites, each with unique features to suit different needs. The main suite (542 Main) is the largest and comes with two bedrooms, two bathrooms, a large living room, a kitchen, a dining space, a laundry room, and more. This suite provides ample space for a family or a group of roommates.The middle suite (Unit A) is a 1-bedroom, 1-bathroom unit with a large living room, a kitchen, and access to the deck. This unit provides a cozy living space for a single person or a couple.The third suite (Unit B) is also a 1-bedroom, 1-bathroom unit with a large living room and a kitchen unit. This unit is ideal for a single person or a couple who prefer a simpler living space.The property comes with three furnaces, three hot water tanks, and three separate electrical meters, providing convenience and flexibility for tenants. The basement also provides storage space for tenants.Additionally, the property features a beautiful front porch where tenants can enjoy the morning sun, adding to the property's charm.One of the best things about this property is the opportunity to live in one suite and rent out the other two, providing a reliable source of passive income. This kind of opportunity doesn't come often, making this property a rare find.To get a better idea of the layout and features of the property, interested buyers can refer to the floor plan, virtual tour, and photos provided. Overall, this income property offers a lot of potential for a savvy investor.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-06-07T23:30:36.673.
www.calgaryhomefinders.com/homes/138381526
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542 12 Street S Lethbridge, AB T1J 2R7

  • Price: $315,000
  • Status: Active
  • On Site: Days
  • Updated: 50 min ago
  • ID#: A2038246
4
Beds
4
Baths
0
½ Baths
0.1
Acres
2,697
SQFT
$117
$/SQFT
1910
Built
Neighbourhood:
London Road
Area:
Lethbridge
Property Description
This income property in Lethbridge's London Road Community boasts several benefits, making it an ideal investment opportunity. The central location of the property provides easy access to downtown and several amenities, making it a convenient living option for tenants. The fact that a vehicle is not necessary further adds to its appeal.The property includes three separate suites, each with unique features to suit different needs. The main suite (542 Main) is the largest and comes with two bedrooms, two bathrooms, a large living room, a kitchen, a dining space, a laundry room, and more. This suite provides ample space for a family or a group of roommates.The middle suite (Unit A) is a 1-bedroom, 1-bathroom unit with a large living room, a kitchen, and access to the deck. This unit provides a cozy living space for a single person or a couple.The third suite (Unit B) is also a 1-bedroom, 1-bathroom unit with a large living room and a kitchen unit. This unit is ideal for a single person or a couple who prefer a simpler living space.The property comes with three furnaces, three hot water tanks, and three separate electrical meters, providing convenience and flexibility for tenants. The basement also provides storage space for tenants.Additionally, the property features a beautiful front porch where tenants can enjoy the morning sun, adding to the property's charm.One of the best things about this property is the opportunity to live in one suite and rent out the other two, providing a reliable source of passive income. This kind of opportunity doesn't come often, making this property a rare find.To get a better idea of the layout and features of the property, interested buyers can refer to the floor plan, virtual tour, and photos provided. Overall, this income property offers a lot of potential for a savvy investor.
Exterior Features

Architectural Style 2 Storey Construction Materials Stone Exterior Features Private Entrance Fencing Partial Foundation Details OtherPoured Concrete Frontage Length 15.24M 50`0" Garage YN No Levels Two Parking Features None Parking Total 0 Patio And Porch Features DeckPorch Roof Asphalt Structure Type House

Interior Features

Basement FullUnfinished Bedrooms Above Grade 4 Cooling None Ensuite YN No Fireplaces Total 0 Five Piece Bath 0 Five Piece Ensuite Bath 0 Flooring CarpetLinoleumTile Four Piece Bath 4 Four Piece Ensuite Bath 0 Heating Forced Air Interior Features See Remarks Laundry Features Upper Level Rooms 4pc Bathroom (Main) Bedroom (Main) Kitchen (Main) Living Room (Main) 4pc Bathroom (Main) Dining Room (Main) Kitchen (Main) Living Room (Main) 4pc Bathroom (Upper) Bedroom (Upper) Laundry (Upper) Bedroom - Primary (Upper) 4pc Bathroom (Main) Bedroom (Main) Kitchen (Main) Living Room (Main) Other (Main) Six Piece Bath 0 Six Piece Ensuite Bath 0 Three Piece Bath 0 Three Piece Ensuite Bath 0 Two Piece Bath 0 Two Piece Ensuite Bath 0

Property Features

Additional Parcels YN No Association YN No Association2 YN No Community Features Schools NearbyShopping NearbySidewalks Condo Type Not A Condo Direction Faces E Inclusions 2 More Fridges2 More Stoves3 Furnaces3 Hot Water Tanks. Lot Features Back Yard New Construction YN No One Piece Bath 0 Property Sub Type Detached Title Land Fee Simple Transaction Type For Sale Zoning R-L(L)

Listing provided courtesy of Re/Max Real Estate - Lethbridge. © 2023 Pillar 9™. All Rights Reserved.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-06-07T23:30:36.673.
 
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