112 1 Street NE, Medicine Hat Medicine Hat, Alberta, T1A5K3

Listing Price
$899,900
multi-family
0 beds
0 baths
3498 sqft
Property Details
Property Type
multi-family
Year Built
1968
Parking Spaces
8
Cooling
See Remarks
Lot Size
9000 square feet
Lot Dimensions
9000.00
Annual Taxes
$8,908 (2025)
Subdivision
Riverside
MLS Number
A2300316
Listed Date
Apr 10, 2026
Days on Market
13
Zoning Description
R-MD
Region / Community
Riverside
Parcel Number
0019835496
Description
Pride of ownership is evident in this pristine 8-unit apartment building, ideally located in the mature Riverside area. Featuring a solid revenue mix of 6 two-bedroom units and 2 one-bedroom units, this property offers both stability and strong tenant appeal.2 units have been tastefully updated with modern vinyl plank flooring, along with renovated kitchens and bathrooms. The building also benefits from newer windows and a durable membrane roof, helping to minimize future maintenance.Additional upgrades include two hot water tanks replaced in 2018. Each unit is equipped with a fridge, stove, and wall-mounted air conditioner, providing convenience and comfort for tenants.The property also includes two coin-operated washers and dryers for added income potential, as well as rear paved parking. Four units feature private balconies, enhancing tenant satisfaction and retention.With long-term tenants already in place and a location just steps from downtown, restaurants, and amenities, this is a turnkey investment opportunity you won’t want to miss. (id:63190)
Location
112 1 Street NE, Medicine Hat, Alberta, T1A5K3
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Estimated Monthly Payment
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Principal & interest on a $0 mortgage at 5.25% for 25 years
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