$449,900 FOR SALE

Multiplex Bungalow

Bedrooms: 3Bathrooms: 2Lot: 19.81 x 39.62 m

624 22nd Street N
Lethbridge, AB T1H 3R8

A full duplex property presents a unique investment opportunity, offering the flexibility to generate rental income while also serving as a personal residence. With each side providing 1050 square feet of living space, this type of property can accommodate comfortable living quarters and still promise a good revenue stream from the other unit. The minimal basement development suggests potential for future enhancements, which could further increase property value. The inclusion of separate driveways enhances tenant privacy and convenience, a desirable feature in the rental market. Moreover, the presence of a large, high-roofed 25 x 25 garage with a main steel beam is an attractive addition, providing ample storage or workshop space, which could appeal to a variety of potential renters or serve as a personal amenity. Overall, such a property could be an excellent choice for someone looking to enter the real estate market, offering both a home and an investment. (id:47423)

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Listed By RE/MAX REAL ESTATE - LETHBRIDGE
Data Provided By Lethbridge & District Association of REALTORS®
MLS® Listing Number A2171319
Last Updated Oct 07, 2024
Property Summary
Property Type Multiplex

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Community Westminster
Price History
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Detailed Information
Bedrooms 3
Bathrooms 2
Lot 19.81 x 39.62 m
Amenities Nearby Park, Playground, Schools, Shopping
Features Back lane
Listing Contract Date 2024-10-07
Municipal ID 0020701710
Ownership Type Freehold
# of Parking Spaces 4
Plan 750JK
Property Type Multi-family
Transaction Type For sale
Zoning Description R-L(W)
Building
Appliances Refrigerator, Stove
Architectural Style Bungalow
Basement Development Partially finished
Basement Type Full (Partially finished)
Constructed Date 1964
Construction Style (Attachment) Attached
Cooling Type None
Flooring Type Carpeted, Linoleum
Foundation Type Poured Concrete
Heating Type Baseboard heaters
Stories Total 1
Total Finished Area 2100 sqft
Rooms
Room Level Dimensions Notes
Family roomBasement20.08 Ft x 11.58 Ft
FurnaceBasement13.00 Ft x 11.67 Ft
3pc BathroomBasementMeasurements not available
KitchenMain level10.17 Ft x 7.00 Ft
OtherMain level7.58 Ft x 7.67 Ft
Living roomMain level18.25 Ft x 12.17 Ft
BedroomMain level12.83 Ft x 9.83 Ft
BedroomMain level11.33 Ft x 9.92 Ft
BedroomMain level11.33 Ft x 9.83 Ft
4pc BathroomMain levelMeasurements not available
Parking Spaces
Name Spaces
Detached Garage2
Other
Land
Total Size 8452 square feet
Amenities Park, Playground, Schools, Shopping
Fence Type Fence
Size of Irregular Land 8452.00

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