821 14 Street S, Lethbridge

$379,900

3 Beds
2 Baths
1,034 Sqft
.18 Acres
0 Garages

Check out this exceptional income-producing opportunity located just blocks from Chinook Regional Hospital in the heart of Lethbridge! This cash-flowing property features a 3-bedroom, 2-bathroom home with a non-conforming lower suite situated on a large lot offering future potential and flexibility. Currently tenant occupied with long-term renters both upstairs and downstairs, the property generates approximately $3,400/month in combined rental revenue, making it a strong holding asset from day one. Several important upgrades have already been completed, including vinyl windows throughout, a high-efficiency furnace, and an updated hot water tank, helping reduce future maintenance concerns. Both upper and lower suites also feature separate laundry, adding convenience and functionality for tenants. Rare opportunity to acquire an investment property with strong upside potential at an attractive price point. Whether you are looking to expand your portfolio, secure a centrally located revenue property, or explore value-add, repositioning, or future redevelopment opportunities, this property offers strong existing cash flow with additional upside still remaining. Investors considering long-term portfolio growth and future refinance potential will appreciate the flexibility this asset presents. Ideally located near Chinook Regional Hospital, transit, schools, and major amenities, opportunities like this in central Lethbridge do not come available often. Tenant-occupied property with showings available upon 24 hour notice. Buyers are encouraged to complete their due diligence early, as offers will be reviewed Thursday, May 28th at 6:00 PM. Seller reserves the right to accept an offer prior to presentation. Contact your REALTORĀ® today to schedule a showing!

Essential Information
MLS® #A2312803
Price$379,900
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,034
Acres0.18
Year Built1945
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address821 14 Street S
SubdivisionVictoria Park
CityLethbridge
CountyLethbridge
ProvinceAlberta
Postal CodeT1J 2Y6
Amenities
Parking Spaces2
ParkingParking Pad
Interior
HeatingForced Air
CoolingNone
Has BasementYes
BasementFull
Interior Features

Ceiling Fan(s), Laminate Counters

Appliances

Portable Dishwasher, Refrigerator, Stove(s), Washer/Dryer

Exterior
Exterior FeaturesPrivate Yard, Storage
RoofAsphalt Shingle
ConstructionStucco
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Few Trees

Additional Information
ZoningR-L
Office

CLEARVIEW PROPERTY MANAGEMENT LTD.

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