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Medicine Hat,AB T1A 3N5
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $219
Subdivision River Flats
MLS Listing ID A2205662
Originating Board Medicine Hat
Year Built 1943
Annual Tax Amount $4,178
Tax Year 2024
Property Sub-Type 4 plex
Property Description
Recently Renovated 4-Plex – A Fantastic Investment Opportunity! This fully renovated 4-plex offers a prime investment opportunity with four well-maintained 1-bedroom units. The property has undergone significant upgrades in the last five years, including new kitchen cabinets, flooring, fresh paint, light fixtures, windows, and shingles, ensuring low maintenance and a modern appeal. Each unit is equipped with modern kitchen cabinets, new flooring, and fresh paint. The units come complete with fridge, stove, window/wall air conditioner, and blinds for ultimate tenant comfort. Both the furnace and hot water tank were replaced in September 2020, adding peace of mind to the property's long-term viability. The property boasts a low-maintenance exterior and is fully landscaped, with a privacy fence and a concrete patio area for tenants to enjoy. A shared laundry area with a stacking washer/dryer makes for an easy, hassle-free experience for all tenants. Each unit also has a secured locker, offering additional storage space. This 4-plex is a fully rented, income-producing property with long-term tenants in place. It is a low-maintenance, high-return investment that is ready for you to step in and start generating income immediately. Don't miss out on this turnkey investment opportunity – a well-maintained, recently renovated property!
Location
Province AB
County Medicine Hat
Zoning MU
Interior
Heating Boiler,Forced Air,Natural Gas
Cooling Wall/Window Unit(s)
Flooring Vinyl Plank
Inclusions 4 Fridges, 4 Stoves, Stacking Washer/Dryer, Blinds, Storage Lockers, 4 Wall/Window A/C
Appliance See Remarks
Exterior
Roof Type Asphalt Shingle
Porch Patio
Total Parking Spaces 4
Building
Story 2
Level or Stories Two
Structure Type Concrete,Stucco
Others
Restrictions None Known
Tax ID 91330410
Ownership Private