An outstanding opportunity for investors looking to expand their portfolio with an income-generating property! This fourplex features four separate townhome-style units, all currently occupied by great tenants, offering rental income from day one. Each unit includes an open-concept main floor, in-suite laundry, two bedrooms, and a full bathroom. One unit features a bi-level layout with both bedrooms on the lower level, while the other three offer a two-storey design with bedrooms on the upper floor. Situated on a mature, tree-lined lot with rear parking, this property combines established tenancy with four individual rental units, creating excellent potential for long-term investment. Conveniently located near parks, schools, restaurants, and everyday amenities, this is a fantastic opportunity to secure a multi-unit property with income potential already in place.
Essential information
MLS® number
A2340035
Status
Active
Price
$799,900
Property type
Multi-Family
Type
4 plex
Transaction
For Sale
Restrictions
None Known
Living area
3,455 sq ft
Year built
1978
Structure
Four Plex
Listing brokerage
REAL BROKER
Source
Pillar 9™ MLS® System
Interior
Included
4x Fridges, 4x Stoves , 1 dishwasher - all appliances are as is were is no warranties or representations
Exterior and construction
Zoning
R-50
Parking
Total parking
4
Community
Subdivision
LCSED
City
Lethbridge
Province
AB
Postal code
T1H 1X2
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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32 photos$895,000514 20 Avenue SW, Calgary
