Lethbridge, AB T1J 2R7,542 12 ST S
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Lethbridge, AB T1J 2R7,542 12 ST S
Lethbridge, AB T1J 2R7,542 12 ST S
Lethbridge, AB T1J 2R7,542 12 ST S
Lethbridge, AB T1J 2R7,542 12 ST S

$286,500

Est. payment /mo

$315,000

9.0%
Est.Price: ?

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542 12 ST S Lethbridge, AB T1J 2R7

4 Beds

4 Baths

2,697 SqFt

SOLD DATE : 06/19/2023

Key Details

Sold Price $286,500

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,697 sqft

Price per Sqft $106

Subdivision London Road

MLS® Listing ID A2038246

Sold Date 06/19/23

Style 2 Storey

Bedrooms 4

Full Baths 4

Originating Board Lethbridge and District

Year Built 1910

Annual Tax Amount $2,945

Tax Year 2022

Lot Size 4,355 Sqft

Acres 0.1

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.

Location

State AB

County Lethbridge

Zoning R-L(L)

Direction E

Rooms

Basement Full, Unfinished

Interior

Interior Features See Remarks

Heating Forced Air

Cooling None

Flooring Carpet, Linoleum, Tile

Appliance Refrigerator, Stove(s), Washer/Dryer

Laundry Upper Level

Exterior

Garage None

Garage Description None

Fence Partial

Community Features Schools Nearby, Shopping Nearby, Sidewalks

Roof Type Asphalt

Porch Deck, Porch

Lot Frontage 50.0

Building

Lot Description Back Yard

Foundation Other, Poured Concrete

Architectural Style 2 Storey

Level or Stories Two

Structure Type Stone

Others

Restrictions None Known

Tax ID 75827118

Ownership Private

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Listed by RE/MAX REAL ESTATE - LETHBRIDGE

Donna Delaney

+1(403) 919-1146

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