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Medicine Hat,AB T1A 0P2
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,523 sqft
Price per Sqft $256
Subdivision River Flats
MLS Listing ID A2176142
Style Bungalow
Originating Board Medicine Hat
Year Built 1946
Annual Tax Amount $2,484
Tax Year 2024
Property Description
Discover a remarkable investment opportunity that is sure to enhance your portfolio! This tri-plex presents an excellent chance for generating consistent monthly income, as all three units are currently leased. The main floor suite boasts a large open kitchen and dinning area, bright living room, three generously sized bedrooms and a modern 5-piece bathroom featuring double sinks, complete with convenient in-unit laundry facilities. Beneath this space, the lower level accommodates two additional suites. Unit 2 has one bedroom and one bathroom & Unit 3 is a bachelor suite. These units share a common laundry area. Seperate enterances for the main floor tenants and basment tenants The property also includes a large double detached garage (currently being rented for $300/mon.), supplemented by a driveway that provides ample parking for residents. Tenants will appreciate the outdoor space, which consist of a partial wrap-around deck and inviting patio pads, creating the perfect setting for relaxation. The landscaped and fenced yard adds to the appeal, making this tri-plex a desirable living space for all. Recent Updates include: Exterior paint, flooring and interior paint in unit 1, HE Furnace, some basement windows (2024). Don't miss out on this fantastic investment opportunity! Current rent: Unit 1 - $1,600/month, Unit 2 - $950/month, Unit 3 - $600/month
Location
Province AB
County Medicine Hat
Zoning R-LD
Rooms
Basement Separate/Exterior Entry,Finished,Full,Suite
Interior
Interior Features Built-in Features,Ceiling Fan(s),See Remarks
Heating Forced Air,Natural Gas
Cooling Wall Unit(s)
Flooring Laminate,Linoleum,Vinyl Plank
Inclusions Unit 1 - fridge, stove, hood fan, washer & dryer, ceiling fans, wall a/c. Unit 2 - fridge & stove. Unit 3 - fridge & stove. Garage door opener + 2 controls.
Appliance Refrigerator,Stove(s),Wall/Window Air Conditioner,Washer/Dryer
Exterior
Garage Double Garage Detached,Driveway,Off Street,RV Access/Parking
Garage Spaces 2.0
Garage Description Double Garage Detached,Driveway,Off Street,RV Access/Parking
Fence Fenced
Community Features Shopping Nearby,Walking/Bike Paths
Roof Type Asphalt Shingle
Porch Deck,Patio
Parking Type Double Garage Detached,Driveway,Off Street,RV Access/Parking
Total Parking Spaces 3
Building
Architectural Style Bungalow
Structure Type Stucco,Vinyl Siding,Wood Siding
Others
Restrictions None Known
Tax ID 91713423
Ownership Other