$429,000.00 0.00 acre

343 1 Avenue NW, Medicine Hat. T1A 5M7

Description

Excellent investment opportunity in Riverside! This brick 4-plex hosts 4 x 2-bedroom/1-bathroom units (2 up and 2 down), with shared laundry. Updates to the building include newer forced air furnaces (2016) & 2 new hot water tanks (June 2022). This property shows a great return bringing in $3,505 in total monthly rental income. Included in the sale are 4 x fridges, 4 x stoves, a 4-unit storage shed, 1 x washer, 1 x dryer and window A/C. Average Owner Utilities are $300/month (water, sewer & common area utilities). Summer High: $340/month, Winter High: $380/month.

Listing Information

Prop. Type:Multi-Family
Status:Active
MLS #:A1234578
City:Medicine Hat
Neighbourhood:Riverside
Province:Alberta
Building/Unit Size: 0 sq.ft
Land Size:0.00 Acre
Listing Price:$429,000.00
Listing Price Arce:$0 per Acre
Business Type:
Property Subtype:4 plex
Transaction Type:For Sale
Land Use Code:R-LD
Listing Contract Date:2022-07-05

For fast response, please email us via the “Inquiry Via Email” button with your contact information.

To purchase a business or property, please visit "Our People", to find a commercial expert who specializes in the type of business or property you are looking for, speaks your language, and has an office in your city.

This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX MEDALTA REAL ESTATE" listing brokerage.

Google map