The five suites have undergone updates and improvements over the past few years, including newer flooring in most areas, updated fixtures, some window replacements, fresh interior paint, and partial exterior painting. The bathrooms have also been renovated. The boiler was replaced in 2012. There is potential for additional income by renting out the double garage and installing coin-operated laundry facilities. A property management company currently oversees the investment for the owner. The property sits on an extra-large lot, which may offer subdivision opportunities.
Address |
526 7 Avenue S |
List Price |
$650,000 |
Property Type |
Commercial |
Type of Dwelling |
Multi Family |
Area |
Lethbridge |
Sub-Area |
London Road |
Lot Size |
9604 Sq. Ft. |
Year Built |
1897 |
MLS® Number |
A2166325 |
Listing Brokerage |
Sotheby's International Realty Canada
|
Postal Code |
T1J 1J2 |
Zoning |
R-L(L) |