$1,280,000
$1,344,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
228, 230 Mayor Magrath DR N Lethbridge, AB T1H 3P8
0.3 Acres Lot
Key Details
Sold Price $1,280,000
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Westminster
MLS® Listing ID A2098418
Year Built 1970
Annual Tax Amount $17,258
Tax Year 2023
Lot Size 0.304 Acres
Property Sub-Type Multi Family
Property Description
Embrace a unique opportunity to own an impeccably maintained 8-plex featuring charming 2-story townhomes surrounding a courtyard. This property is thoughtfully divided into two distinct 4-unit buildings, offering a blend of five spacious 2-bedroom units. Recent upgrades, including new windows, a durable roof, plush carpets, and modern appliances, add a touch of contemporary elegance to this investment.
A meticulous renovation occurred approximately four years ago, as five units had their basements expertly finished to include a coveted third bedroom. This well-executed enhancement, completed with proper permits and attention to detail, features new wiring and upgraded electrical panels, elevating the property's overall appeal.
Each unit comes complete with the convenience of in-suite laundry, offering a modern touch to everyday living. The location is a standout feature, close to bus routes, schools, parks, and shopping destinations. This versatile property presents a prime investment opportunity, combining comfort, modernity, and proximity to essential amenities.
Location
Province AB
County Lethbridge
Zoning R-75(W)
Interior
Heating Forced Air, Natural Gas
Cooling None
Exterior
Roof Type Flat
Building
Lot Description Back Lane, Low Maintenance Landscape, Level
Foundation Poured Concrete
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