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Melissa Callard

melissa@spotonreg.com +1(403) 635-7653

$ 379,900

Est. payment | -/mo

3 Beds

2 Baths

1,034 SqFt

Save

$ 379,900

Est. payment | -/mo

Save

3 Beds

2 Baths

1,034 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1034.0

Square Footage 1,034 sqft

Price per Sqft $367

Subdivision Victoria Park

MLS Listing ID A2312803

Style Bungalow

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1945

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Detached

Property Description

INVESTOR OPPORTUNITY!! Seller financing / VTB may be available for qualified purchasers. Flexible acquisition structures may be considered including: Vendor Take Back (VTB),Seller Carry Financing,Joint Venture Structures,Creative Acquisition Strategies! Check out this exceptional income-producing opportunity located just blocks from Chinook Regional Hospital in the heart of Lethbridge! This cash-flowing property features a 3-bedroom,2-bathroom home with a non-conforming lower suite situated on a large lot offering future potential and flexibility. Currently tenant occupied with long-term renters both upstairs and downstairs,the property generates approximately $3,400/month in combined rental revenue,making it a strong holding asset from day one. Several important upgrades have already been completed,including vinyl windows throughout,a high-efficiency furnace,and an updated hot water tank,helping reduce future maintenance concerns. Both upper and lower suites also feature separate laundry,adding convenience and functionality for tenants. Rare opportunity to acquire an investment property with strong upside potential at an attractive price point. Whether you are looking to expand your portfolio,secure a centrally located revenue property,or explore value-add,repositioning,or future redevelopment opportunities,this property offers strong existing cash flow with additional upside still remaining. Investors considering long-term portfolio growth and future refinance potential will appreciate the flexibility this asset presents. Ideally located near Chinook Regional Hospital,transit,schools,and major amenities,opportunities like this in central Lethbridge do not come available often. Tenant-occupied property with showings available upon 24 hour notice. Contact your REALTOR® today to schedule a showing!

Location

Province AB

Community Park, Schools Nearby, Sidewalks

Zoning R-L

Direction S

Location Details Suite Attached/Within Primary Dwelling

Rooms

Basement Separate/Exterior Entry, Full, Finished

Guest Accommodations Basement

Interior

Interior Features Ceiling Fan(s), Laminate Counters

Heating Forced Air

Cooling None

Flooring Carpet, Tile, Vinyl, Vinyl Plank

Fireplace Yes

Appliance Portable Dishwasher, Refrigerator, Stove(s), Washer/Dryer

Laundry In Unit, Multiple Locations

Exterior

Exterior Feature Private Yard, Storage

Parking Features Parking Pad

Fence Partial

Community Features Park, Schools Nearby, Sidewalks

Roof Type Asphalt Shingle

Porch Deck

Total Parking Spaces 2

Garage No

Building

Lot Description Back Lane, Back Yard, Few Trees

Dwelling Type House

Faces W

Story One

Foundation Poured Concrete

Architectural Style Bungalow

Dwelling Type Suite Attached/Within Primary Dwelling

Level or Stories One

New Construction No

Others

Restrictions None Known

Listed by CLEARVIEW PROPERTY MANAGEMENT LTD.

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(403) 635-7653

melissa@spotonreg.com

1710 31 St N, Lethbridge, AB, T1H 5H1, CAN

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821 14 ST S Lethbridge, AB T1J 2Y6