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733 7 Street Medicine Hat, Alberta

3058 sqft
Low Rise

$375,000

Sound investment property (CAP rate 7%-8%)! Nicely located just off Kingsway Ave SE with quick access to any part of the city so easy to rent. Solid 4-plex built in 1915 but totally remodeled (with permits). Each unit has it's own furnace, hot water tank, stove and fridge. There are 3 one bedroom units with one on the 2nd floor and 2 on main floor. The 2 main floor one bedroom units have unfinished usable basements and hook-ups for laundry. The 2 bedroom unit occupies half of the 2nd and all of the 3rd floor and besides fridge, stove and laundry hook-up also has a built-in dishwasher. The owner pays for the natural gas, water and garbage pick-up while the tenants pay for their electricity and sewer. From the back lane there are 4 parking spots in the backyard and the front street has plenty of extra parking. (id:44654)

Property Details

MLS® Number A1046215
Property Type Multi-family
Community Name River Flats
Features See Remarks, Back Lane
Parking Space Total 4
Plan 1837f
Structure Deck

Building

Appliances See Remarks
Architectural Style Low Rise
Basement Type Unknown
Constructed Date 1915
Exterior Finish Brick
Flooring Type Carpeted, Ceramic Tile, Hardwood, Laminate, Linoleum
Foundation Type See Remarks
Size Interior 3058 Sqft
Total Finished Area 3058 Sqft
Type Multi-family

Land

Acreage No
Size Irregular 6500.00
Size Total 6500 Sqft|4,051 - 7,250 Sqft
Size Total Text 6500 Sqft|4,051 - 7,250 Sqft
Zoning Description R-md

https://www.realtor.ca/real-estate/22549625/733-7-street-medicine-hat-river-flats

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