$560,000.00 0 Sq.ft

1786 16 Street SE, Medicine Hat. T1A 7J7

Description

INVESTMENT OPPORTUNITY ! This well maintained , fully rented, FOURPLEX is ready for its next owner. Great location in a mature neighbourhood close to schools, a variety of shopping, dining, and professional services; and just around the corner from an extensive natural area with awesome city views. All four units have had numerous interior updates over the years, including flooring, bathrooms, cabinetry, fixtures, water heaters, and paint. Each unit comes with fridge, stove , dishwasher , washer, dryer, and window/floor A/C units. Each unit has a separate entry, as well as sliding glass doors to access a private balcony. There are concrete driveways and sidewalks for each unit. All units are separately metered for utilities (tenants pay utilities). There is a newly fenced and landscaped yard designed for low maintenance (w. U/G sprinklers) for common property use. Owner pays for yard water (also separately metered). Lawn and snow removal services are done on contract. Other exterior updates include new shingles, re-built decks on one side ( due to a traffic incident ), eavestroughs, and the stucco exterior has been freshly painted as well. This property is the full package! Zero vacancy ( other than renovation times ) for the 40 years the current owners have had it. Opportunity awaits the new owner of this excellent revenue property!

Listing Information

Prop. Type:Multi-Family
Status:Pending
MLS #:A2119729
City:Medicine Hat
Neighbourhood:Crestwood-Norwood
Province:Alberta
Building/Unit Size: 0 sq.ft
Land Size:0.00 Acre
Listing Price:$560,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:4 plex
Transaction Type:For Sale
Land Use Code:R-MD
Listing Contract Date:2024-04-04

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX MEDALTA REAL ESTATE" listing brokerage.

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