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1260 6 AVE N Lethbridge, AB T1H 5T7
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Key Details
Sold Price $761,350
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,240 sqft
Price per Sqft $122
Subdivision Senator Buchanan
MLS® Listing ID A2136923
Sold Date 06/17/24
Style Bungalow
Originating Board Lethbridge and District
Year Built 1911
Annual Tax Amount $7,418
Tax Year 2023
Lot Size 0.431 Acres
Acres 0.43
Property Description
Three buildings, 4 living areas, all on one title! Would you like to live here in a 2775-square-foot bungalow and have the rents pay all of your mortgage? At this price per square foot, you cannot beat the price of this property. If these properties were separate and sold individually, the price would be much more. This is a great opportunity to buy 3 buildings, but only have to deal with one mortgage. With today's interest rates, this makes more sense than ever. Collect rent from the 3 suites for a total of $3,950 a month!! Or, you this is a great place for extended family where everyone has their own space. This is a great opportunity to finance your residence and your revenue property at the same time. This former church with living quarters and hall has been converted into a one-of-a-kind residence plus an additional 3 suites (Over 6,000 square feet of above-ground development). In the main building, you will find 20 ft ceilings, all redone drywall, hardwood floors, granite throughout, and a luxurious floor plan that includes a massive master bedroom, new kitchen, and a great area for entertaining. Don't forget the dream attached garage 31x26. Also redone electrical, and new roofs on each building. The 3 attached suites have a combined income of $3,950 per month ($1450 plus utilities, $1000 including utilities, and $1500 including utilities). All with redone kitchens and bathrooms. This is a great opportunity for someone who wants to live in a luxurious property while enjoying the benefits of rental income that can pay for your mortgage. Also great for someone with a large extended family that wants to live close by. Or maybe this could work as a 4-plex that you rent out! Ask your REALTOR® for a detailed feature sheet!
Location
Province AB
County Lethbridge
Zoning R-L
Rooms
Basement Partially Finished, See Remarks
Interior
Interior Features Jetted Tub, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
Cooling Central Air
Fireplaces Number 2
Fireplaces Type Gas, Living Room, Primary Bedroom, Tile
Appliance See Remarks
Laundry Main Level
Exterior
Parking Features Concrete Driveway, Double Garage Attached, Heated Garage, Off Street
Garage Spaces 2.0
Garage Description Concrete Driveway, Double Garage Attached, Heated Garage, Off Street
Fence Partial
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Asphalt Shingle,Metal
Lot Frontage 150.0
Total Parking Spaces 4
Building
Foundation Poured Concrete
Architectural Style Bungalow
Structure Type Wood Frame
Others
Restrictions None Known
Tax ID 83358376
Ownership Private
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