112 1 Street NE, Medicine Hat. T1A 5K3
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.
Listing Information
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Listing MLS#:A2300316
112 1 Street NE,
Medicine Hat. T1A 5K3
Liang Commercial Real Estate
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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RIVER STREET REAL ESTATE" listing brokerage.
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