Excellent Investment Opportunity! This fully rented 4-plex is ideally located close to restaurants, schools, the hospital, parks, and walking paths, making it highly desirable to tenants. Each spacious unit offers 775 sq. ft. of living space and features 4 bedrooms(1+3) with walk-in closets, laundry rooms, 2 full bathrooms, a good size kitchen/dining with all appliances, a generously sized living room, and its own private balcony. Every unit also includes 2 designated parking stalls conveniently located right out front of the units. With leases already in place and a functional layout that appeals to a wide range of renters, this property is a strong addition to any investment portfolio. Currently the units are being rented out for: (Unit 1 $1675/mon/Fixed Term until June 30 2026), (Unit 2 $1540/mon/Fixed Term until July 31, 2026), (Unit 3 $1300/mon/Fixed Term until Sept 30, 2025 - Renewal has been offered), (Unit 4 $1300/mon/Month to Month) - EXPENSES: Current Insurance Premium - $248/month ($2976/year) Property Taxes - $645.50/Month ($7,746/Year) Tenants Pay all their own Utilities (id:2493)More details
Great Revenue Opportunity!! All units have 2 bedrooms 4 newer furnaces, hot wat and 1 bath. Newer furnaces, hot water tanks and fuse panels. New duct work to install new furnaces. 4 plex plex close to schools, busing, and walking trails. All units occupied with tenants. Call for more info. 4 plex are priced to sell, and sold being as is. (id:2493)More details
This beautiful 1912 CHARACTER home offers a rare opportunity for investors or anyone dreaming of running a home-based business in a GREAT location—just steps from Medicine Hat’s downtown core. Enjoy the best views in Medicine Hat from the upper suite’s WRAP-AROUND balcony, overlooking the SCENIC river valley. Located just minutes from cafés, restaurants, shops, and businesses downtown, this property is uniquely elevated on a hill and surrounded by some of the most charming and affluent homes in the city — and yes, it's just a short walk to SWIRLS, the best ice cream around! With 3,150 sqft of TOTAL living space the property features THREE self-contained SUITES, each about 1,000 sqft and an own private entrance. SUITE #1 (Upper Floor): 1,108 sq. ft. - 2 bedrooms and a LOFT that could be a bedroom or an office, 1 bathroom, and a stunning wrap-around balcony. Rented for $1,750/month. SUITE #2 (Main Floor): 1,035 sqft renovated in 2024 - 2 bedrooms, 1 bathroom, with lots of natural light and own place for a washer and dryer in the bathroom, rented for $1,500.SUITE #3 (Basement): is spacious with 1,000 sqft, kitchen, dining room, 1 bedroom, 1 bathroom and is rented for $800 and has been there for the past 7 years.ADDITIONAL HIGHLIGHTS: Utilities are shared, currently washer and dryer are SHARED with the suite #2 and #3 while the upper unit #1 has its own. Utility bills are available to serious buyers, and the average for all was $511/ month in 2024. The property has been well maintained and the last owner has done extensive repairs - Electrical was completely replaced in 2022 with Jim's Electric and 3 separate panels are installed in each suite with 200 amps. Insulation on the main and sound proof bar was added to insure the noise reduction. The property offers 7 parking spaces-two on east side and 5 at the back, making it ideal for clients or business traffic, and a single car GARAGE in the back. Shingles are about 7 years old. HWT is 2015. RECENT UPGRADES: ma in floor completely renovated 2024, a new 200-amp electrical panel, full electrical system update and 3 separate electrical panels at each suit, new insulation on the main floor, soundproofing in the main floor ceiling, roughed-in and a laundry plumbing on the main level.This is a unique and versatile property—perfect for investors, entrepreneurs, or anyone seeking a blend of character, location, and opportunity. Call your REALTOR® for a private tour! (id:2493)More details
Data was last updated August 23, 2025 at 12:45 AM (UTC)
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