Colin Harms
(403) 308-3308
SUTTON GROUP - LETHBRIDGE
403-320-6411
515 11 Street S
Lethbridge , Alberta T1J 2P1
Lethbridge , Alberta T1J 2P1
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515 11 Street S For Sale
$1,700,000
An incredible opportunity to own a fully operational 10-unit multi-family property in the heart of Lethbridge. This purpose-built 10-plex features nine fully furnished one-bedroom suites and one unfurnished long-term suite, all designed for strong income generation and minimal vacancy.
?? Property Features
9 furnished 1-bedroom units with kitchens & 3-pc bathrooms
1 unfurnished long-term 1-bedroom unit
Each suite equipped with its own hotel-style heat/AC unit
Shared laundry (washer & dryer in common area)
High-quality furnishings, bedding, linens & big-screen TVs included
Fully stocked kitchens with appliances, dishes & utensils
Individual internet routers & programmable WiFi door locks for each unit
Outdoor storage shed with shovels, brooms & maintenance tools?? Location Benefits
Situated close to downtown Lethbridge amenities, transit, and schools
Walkable neighborhood with excellent rental demand
Flexible property strategy: continue current STR/LTR mix or convert to all long-term rentals
? Investor Ready
This property comes fully furnished and equipped—turn the key and start collecting rent. With strong financial performance and professional management potential, this 10-plex is an ideal addition to any investor’s portfolio.
Transaction Type
For Sale
For Sale
Days On Market
12
12
Zoning
DC
DC
Subdivision
London Road
London Road
Year Built
1910
1910
Structure Type
Low Rise (2-4 stories)
Low Rise (2-4 stories)
Property Type
Commercial
Commercial
Property Sub Type
Multi Family
Multi Family
Legal Plan
4353S
4353S
Building Area (Sq. Ft.)
6258.00
6258.00
Building Area (Sq. M.)
581.38
581.38
Lot Size (Sq. Ft.)
6258
6258
Lot Size (Acres)
0.14
0.14
Roof
Asphalt Shingle
Asphalt Shingle
Inclusions
(10) fridges, (10) stoves, (1) washer, (1) dryer, (10) Wall Mounted A/C units.
(10) fridges, (10) stoves, (1) washer, (1) dryer, (10) Wall Mounted A/C units.
Restrictions
None Known
None Known
Reports
Information Package,Leases,Rent Roll,Tenancy Schedule,Title,Title Insurance
Information Package,Leases,Rent Roll,Tenancy Schedule,Title,Title Insurance