$379,900 FOR SALE

Multiplex Bungalow

810b 5 Street Se
Medicine Hat, AB T1A 0P2

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 (id:47423)

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Listed By ROYAL LEPAGE COMMUNITY REALTY
Data Provided By Medicine Hat Real Estate Board Co-op
MLS® Listing Number A2176142
Last Updated Jan 09, 2025
Property Summary
Property Type Multiplex

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Community River Flats
Price History
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Detailed Information
Amenities Nearby Shopping
Features See remarks
Listing Contract Date 2024-10-30
Municipal ID 0010633162
Ownership Type Freehold
# of Parking Spaces 3
Plan 56507
Property Type Multi-family
Structures Deck
Transaction Type For sale
Zoning Description R-LD
Building
Appliances Refrigerator, Window/Sleeve Air Conditioner, Stove, Washer & Dryer
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate entrance, Suite
Basement Type Full (Finished)
Constructed Date 1946
Construction Style (Attachment) Attached
Cooling Type Wall unit
Exterior Finish Stucco, Vinyl siding, Wood siding
Flooring Type Laminate, Linoleum, Vinyl Plank
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 1
Total Finished Area 1523 sqft
Type Multi-Family
Parking Spaces
Name Spaces
Detached Garage2
Other
RV
Land
Total Size Unknown
Amenities Shopping
Fence Type Fence

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