54 S 1 St W

Multi Family For Sale in Other, Magrath

$740,000
Welcome to Susan's Place. Built in 1940 and served as many retail uses including a restaurant just before becoming a residential space. Two separate buildings demised into 6 residential units with the main building housing 4. The 2nd building on Civic Ave. is demised into 2 units. The main building is 2,240sq.ft with unit #4 being a 1-bedroom, #5 & 6 being bachelor suites and #3 being a 2-bedroom. The 2nd building is 665sq.ft. with units #1 & 2 being bachelor suites. All units recently renovated in 2022 including an addition attached to unit #3, a new furnace that services units #3 & 4 and new 200-amp main electrical service with 100-amp sub-panels and a 10 year old flat roof consisting of torch-down membrane. Unit #4 has a small basement of about 10'x10' with all the plumbing piping. All tenants wish to stay. However, if you're planning to live in one unit and run your AirBnB business, that is always an option. Current owner used to do that, and it was very successful due to its proximity to Waterton National Park averaging between $100 - $150/night per unit. Call your favorite Realtor today and schedule a viewing!!
Address 54 S 1 St W
List Price $740,000
Property Type Commercial
Type of Dwelling Multi Family
Area Magrath
Sub-Area Other
Lot Size 3840 Sq. Ft.
Year Built 1940
MLS® Number A2126753
Listing Brokerage Real Estate Centre - Lethbridge
Postal Code T0K 1J0
Zoning Central Commercial
Site Influences City Lot, Corner Lot

Request More Info or a Showing

RE/MAX Complete Realty

RE/MAX Complete Realty

11450 29 St SE #201 Calgary AB T2Z 3V5

Office: 4039308555

office@remaxcompleterealty.ca