$470,000
$449,900
4.5%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
2,100 SqFt
SOLD DATE : 10/23/2024
Key Details
Sold Price $470,000
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $223
Subdivision Westminster
MLS® Listing ID A2171319
Sold Date 10/23/24
Style Bungalow,Side by Side
Bedrooms 3
Full Baths 2
Originating Board Lethbridge and District
Year Built 1964
Annual Tax Amount $3,786
Tax Year 2024
Lot Size 8,452 Sqft
Acres 0.19
Property Description
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.
Location
Province AB
County Lethbridge
Zoning R-L(W)
Direction E
Rooms
Basement Full, Partially Finished
Interior
Interior Features High Ceilings
Heating Baseboard, Boiler
Cooling None
Flooring Carpet, Linoleum
Appliance Refrigerator, Stove(s)
Laundry In Basement
Exterior
Garage Double Garage Detached, Off Street
Garage Spaces 2.0
Garage Description Double Garage Detached, Off Street
Fence Fenced
Community Features Park, Playground, Schools Nearby, Shopping Nearby
Roof Type Flat Torch Membrane
Porch Patio
Lot Frontage 65.0
Parking Type Double Garage Detached, Off Street
Total Parking Spaces 4
Building
Lot Description Back Lane
Foundation Poured Concrete
Architectural Style Bungalow, Side by Side
Level or Stories One
Structure Type Mixed
Others
Restrictions Rental
Tax ID 91670494
Ownership Private
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