228, 230 Mayor Magrath Drive N, Lethbridge, Alberta T1H 3P8

Listed for:
$1,344,000
0 beds
0 baths
Listed 150 days ago
Multi-Family for rent: 228, 230 Mayor Magrath Drive N, Lethbridge, Alberta T1H 3P8

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Learn more about this property
Listing provided by:
SUTTON GROUP - LETHBRIDGE
MLS® number:
A2098418
Agent:
Russell Raslask
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About

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. (id:27476)

Property Highlights

Type
Multi-Family
Cooling type
None
Heating fuel
Natural gas
Fireplace
No
Construction material
Parking space
8
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is a Freehold, meaning it is owned outright by the owner.

There are a total of 8 parking spaces available on the premises.

Take advantage of a unique opportunity to acquire a well-maintained 8-plex consisting of charming 2-story townhomes arranged around a central courtyard. The property is divided into two separate 4-unit buildings, offering a combination of five spacious 2-bedroom units and three comfortable 3-bedroom units. Recent upgrades, such as new windows, a durable roof, plush carpets, and modern appliances, have added a contemporary touch to this investment.

A meticulous renovation was carried out around four years ago, during which 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, enhancing the overall appeal of the property. Each unit is equipped with in-suite laundry, providing a modern convenience to everyday living. The property's location is a standout feature, with close proximity to bus routes, schools, parks, and shopping destinations. This versatile property offers a prime investment opportunity, combining comfort, modernity, and proximity to essential amenities.

This property is currently on the market for sale and has a land size of 13254 sqft (10,890 - 21,799 sqft or 1/4 - 1/2 ac). It is located on 228, 230 Mayor Magrath Drive N in the city of Lethbridge, Alberta, with a postal code of T1H3P8, in the community of Westminster. The heating fuel used is natural gas, and the heating type is forced air. This property falls under the Multi-Family category.