112 1 Street Ne Medicine Hat, Alberta T1A 5K3

3,498 ft2
See Remarks

$899,900

Pride of ownership is evident in this pristine 8-unit apartment building, ideally located in the mature Riverside area. Featuring a solid revenue mix of 6 two-bedroom units and 2 one-bedroom units, this property offers both stability and strong tenant appeal.2 units have been tastefully updated with modern vinyl plank flooring, along with renovated kitchens and bathrooms. The building also benefits from newer windows and a durable membrane roof, helping to minimize future maintenance.Additional upgrades include two hot water tanks replaced in 2018. Each unit is equipped with a fridge, stove, and wall-mounted air conditioner, providing convenience and comfort for tenants.The property also includes two coin-operated washers and dryers for added income potential, as well as rear paved parking. Four units feature private balconies, enhancing tenant satisfaction and retention.With long-term tenants already in place and a location just steps from downtown, restaurants, and amenities, this is a turnkey investment opportunity you won’t want to miss. (id:63559)

Property Details

MLS® Number A2300316
Property Type Multi-family
Community Name Riverside
Parking Space Total 8
Plan 3204m

Building

Constructed Date 1968
Cooling Type See Remarks
Size Exterior 3498 Sqft
Size Interior 3,498 Ft2
Total Finished Area 3498 Sqft
Type Multi-family

Land

Acreage No
Size Depth 36.57 M
Size Frontage 22.86 M
Size Irregular 9000.00
Size Total 9000 Sqft|7,251 - 10,889 Sqft
Size Total Text 9000 Sqft|7,251 - 10,889 Sqft
Zoning Description R-md

https://www.realtor.ca/real-estate/29585814/112-1-street-ne-medicine-hat-riverside

Contact Us

Contact us for more information

Generating Captcha

Patrice Morrison
Broker

(403) 866-2022
(403) 529-0859
www.riverst.ca/

River Street Real Estate
910 Allowance Avenue Se
Medicine Hat, Alberta T1A 3G7

(403) 527-4000
(403) 529-0859
www.riverst.ca/

Jay Johnson
Associate

(403) 977-4828
(403) 529-0859

River Street Real Estate
910 Allowance Avenue Se
Medicine Hat, Alberta T1A 3G7

(403) 527-4000
(403) 529-0859
www.riverst.ca/

Your Favourites

 

No Favourites Found