515 11 Street S

About this home

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 Features9 furnished 1-bedroom units with kitchens & 3-pc bathrooms1 unfurnished long-term 1-bedroom unitEach suite equipped with its own hotel-style heat/AC unitShared laundry (washer & dryer in common area)High-quality furnishings, bedding, linens & big-screen TVs includedFully stocked kitchens with appliances, dishes & utensilsIndividual internet routers & programmable WiFi door locks for each unitOutdoor storage shed with shovels, brooms & maintenance tools?? Location BenefitsSituated close to downtown Lethbridge amenities, transit, and schoolsWalkable neighborhood with excellent rental demandFlexible property strategy: continue current STR/LTR mix or convert to all long-term rentalsInvestor ReadyThis 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. (id:66966)

Details

Type

Multiplex

Size

6258 sq ft

Property tax

$15,269 (2026)

Neighbourhood

London Road

Municipality

Lethbridge

Interior

Fireplace

No

Heating, cooling and services

Air conditioning

See Remarks

Building and exterior

Year built

1910

Exterior

Poured concrete, Wood frame

Outdoor

Concrete, Vinyl siding

Parking

Total parking

8

Location

Location is approximate. See nearby homes on the map