840 Smelter AVE SE new

Medicine Hat,AB T1A 3N5

$ 475000

- Bed

- Bath

2160 SqFt


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

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