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Royal LePage
Royal LePage
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$419,900

3+2 Beds

2 Baths

1187 FEETSQ

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Medicine Hat AB, T1A 4S5

MLS® # A2264173

Property Information:

Exceptional Revenue Opportunity in SW Hill – 3 Legal Living Spaces!Welcome to this charming and versatile home nestled on a picturesque, tree-lined street in the sought-after SW Hill neighbourhood. This property is a rare find, offering three separate living spaces, including two fully legal basement suites, perfect for investors or savvy homeowners looking to generate income.The freshly painted main floor features three spacious bedrooms, a full 4-piece bathroom, an open-concept living room, and a bright kitchen with dining area. Recent updates such as new window coverings and refreshed cabinet hardware add a modern, inviting touch. Whether you choose to live on the main floor or rent it out as a third suite, the options are flexible and financially rewarding.Downstairs, the basement boasts two legal one-bedroom suites, each with its own kitchen and living room. These suites share a 4-piece bathroom and a common laundry area, and are currently tenant-occupied providing immediate rental income. Outside, enjoy a detached single garage, both front and back yards, and convenient off-street parking stalls. This is a turn-key investment with strong revenue potential and excellent long-term value. Please note: 24-hour notice is required for showings due to tenant occupancy in the basement suites.

Inclusions: Stove (3) Fridge (3) Microwave (1) Washer/Dryer (1) All Window Coverings

Building Features:

  • Air Conditioning: Yes
  • Total Finished Area: 1187.45

Property Features:

  • Bedrooms: 3+2
  • Bathrooms: 2+0
  • Architectural Style: Bungalow
  • Built in: 1954
  • Construction Materials: Other
  • Cooling: Central Air
  • Exterior Features: None
  • Floor Space (approx): 1187.45 Square Feet
  • Flooring: Carpet, Laminate
  • Foundation Details: Poured Concrete
  • Heating: Forced Air
  • Interior Features: See Remarks
  • Levels: One
  • Lot Size: 6250.00 Square Feet
  • Parking Features: Single Garage Detached, Stall
  • Roof: Asphalt Shingle
  • Zoning: R-LD
  • No. of Parking Spaces: 3

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

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Location of 241 11 Street SW, Medicine Hat, AB, T1A 4S5

Demographic Information of 241 11 Street SW, Medicine Hat, AB, T1A 4S5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$104,040.05

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.07 %

High school certificate or equivalent

28.85 %

Apprenticeship trade certificate/diploma

16.96 %

College/non-university certificate

23.22 %

University Degree

12.89 %

Commuter

Travel To Work

By Car

90.52 %

By Public Transit

0.0 %

By Walking

6.45 %

By Bicycle

0.0 %

By Other Methods

3.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.22 %

Houses

94.78 %

Own Vs. Rent

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