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Key Details
Sold Price $470,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Riverside
MLS® Listing ID A2063389
Sold Date 09/05/23
Originating Board Medicine Hat
Year Built 1965
Annual Tax Amount $4,895
Tax Year 2023
Lot Size 6,000 Sqft
Acres 0.14
Property Description
Located on a tree lined street in the pretty area of Riverside, Medicine Hat, this Brick 5 suite residential complex is a strong investment for a buyer looking for long term stability. Some of the tenants have been resident for a number of years, and all of the suites are occupied. There are 4 parking stalls in the lot and the corner city lot provides for many more parking opportunities for residents and visitors. The common area is well maintained in this secure building, and additional storage units in the basements for 4 of the units is offered as well as a generous laundry room. There are 3 x 2 Bedroom suites and 2 x 1 bedroom suites, with many cosmetic upgrades throughout. The tar and gravel roof was redone in 2008 and the boiler has been serviced regularly. This is a great time to buy multifamily units and secure a return on your investment for years to come. Reach out for more information on this exciting listing!
Location
Province AB
County Medicine Hat
Zoning R-MD
Interior
Heating Boiler, Natural Gas
Exterior
Roof Type Flat Torch Membrane
Lot Frontage 50.0
Building
Lot Description Corner Lot, Near Shopping Center, Near Public Transit
Foundation Poured Concrete
Others
Restrictions None Known
Tax ID 83508311
Ownership Private
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