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$650,000

Medicine Hat AB, T1A 0G5

MLS® # A2273873

Property Information:

Fantastic revenue opportunity in a central SE Hill location! This conveniently located 4-plex offers excellent access to downtown amenities, schools, parks, and transit—making it an appealing choice for tenants and investors alike. The property features 2 spacious two-storey, 3 bedroom units each offering an open-concept living, dining, and kitchen area, plus the convenience of in-suite laundry. These larger units have seen select updates in recent years, giving them a modern, refreshed feel. Upstairs, each unit includes three well sized bedrooms and a full bathroom. The two 1 bedroom 1 bath basement suites offer comfortable living for singles or couples. Outside, the building provides 4 parking stalls at the rear and a shared outdoor space for tenant enjoyment. Whether you're starting your investment journey or adding to a growing portfolio, this well located 4-plex is a solid, revenue-generating opportunity you won’t want to miss!

Inclusions: N/A

Building Features:

  • Total Finished Area: 3266.53

Property Features:

  • Built in: 1900
  • Floor Space (approx): 3266.53 Square Feet
  • Heating: Forced Air
  • Parking Features: Off Street, Stall
  • Zoning: R-MD
  • No. of Parking Spaces: 4

Courtesy of: CIR REALTY, CIR Realty

Data provided by: Medicine Hat Real Estate Board Co-operative Ltd. 403 4th St. SE, Medicine Hat, Alberta T1A 0K5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 230 3 Street SE, Medicine Hat, AB, T1A 0G5

Demographic Information of 230 3 Street SE, Medicine Hat, AB, T1A 0G5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$96,122.58

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.15 %

High school certificate or equivalent

34.02 %

Apprenticeship trade certificate/diploma

9.52 %

College/non-university certificate

13.21 %

University certificate (below bachelor)

2.02 %

University Degree

20.09 %

Commuter

Travel To Work

By Car

81.5 %

By Public Transit

1.13 %

By Walking

13.18 %

By Bicycle

0.0 %

By Other Methods

4.19 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

55.47 %

Houses

44.53 %

Own Vs. Rent