For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,374 sqft
Price per Sqft $272
Subdivision Riverside
MLS® Listing ID A2021383
Sold Date 07/20/23
Originating Board Medicine Hat
Year Built 1959
Annual Tax Amount $3,466
Tax Year 2022
Property Description
Excellent investment opportunity in Riverside! This brick 4-plex hosts 4 x 2-bedroom/1-bathroom units (2 up and 2 down), with shared laundry. Updates to the building include newer forced air furnaces (2016) & 2 new hot water tanks (June 2022). This property shows a great return bringing in $3,505 in total monthly rental income. Included in the sale are 4 x fridges, 4 x stoves, a 4-unit storage shed, 1 x washer, 1 x dryer and window A/C. Average Owner Utilities are $300/month (water, sewer & common area utilities). Summer High: $340/month, Winter High: $380/month.
Location
Province AB
County Medicine Hat
Zoning R-LD
Interior
Appliance Dryer, Refrigerator, Stove(s), Washer
Exterior
Roof Type Asphalt Shingle
Lot Frontage 50.0
Total Parking Spaces 2
Others
Restrictions None Known
Tax ID 75618909
Ownership Private
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION