Dedication | Focus | Loyalty
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Active
$715,000
1717 St Edward Boulevard N
St Edwards, Lethbridge
MLS® #A2331849
- 1,934 Sqft
- 8,609 square feet
- Built 1974
- Multi-family
- ✓ 8+ Parking Spaces
- ✓ Real Lot Size Listed
Fully Rented Fourplex – Turnkey Investment OpportunityLooking to add a solid income-producing property to your portfolio? This well-maintained northside fourplex offers immediate rental income with all four units currently occupied by long-term, reliable tenants.Each spacious unit features 2 bedrooms, 1 bathroom, in-suite laundry, and its own private storage area. Three of the four units have been tastefully updated, while the fourth has been exceptionally well cared for by a long-term tenant, offering future upside whenever turnover occurs.Major capital improvements have already been completed, including the roof (2016) and windows (2017), helping reduce future maintenance costs. Utilities are separately metered, with tenants responsible for their own utility expenses, making this an efficient investment to manage.Conveniently located close to schools, parks, public transit, and everyday amenities, this property continues to attract quality tenants in a desirable rental location.Whether you’re expanding your portfolio or purchasing your first multi-family investment, this fully occupied fourplex offers strong income potential with room for future growth. (id:66619)
Features
Interior
1,934 sqft
Lot
8,609 square feet
Parking
8 spaces
Year Built
1974
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.