$624,900

Investment For Sale In South Flats, Medicine Hat, Alberta

$624,900

Property Information:

This beautifully renovated character home, a legal triplex, offers a prime opportunity for investors or homeowners seeking additional income. The property includes three suites, with the two basement units currently rented for a combined $1,900 per month, while the main floor suite has the potential to earn $2,100 per month. The home sits on a large lot featuring a fully fenced, private backyard with mature trees and a spacious storage shed. Ample parking is available, including three assigned off-street spots with plug-ins and an additional three off-street spaces for the main floor suite. The expansive main floor boasts a bright and airy kitchen and dining area, complete with updated flooring, fresh paint, and a beautifully renovated kitchen featuring a new countertop and a brand-new over-the-range microwave. Adjacent to the inviting living room are two generously sized bedrooms and a full bathroom. Conveniently located on the way to the upper level is a stacked washer and dryer. Upstairs, you'll find a spacious bedroom, a second full bathroom, and charming nooks and storage spaces, making this level a cozy and functional retreat. The basement, accessible through a separate entrance, houses two self-contained suites. Both suites have their own utilities and share access to a common laundry area. With its thoughtful design and income-generating potential, this home is perfect for multi-generational living or as a reliable rental property. Call your realtor today to book your viewing of this beautiful revenue property!

Inclusions: All appliances.

Building Features:

  • Air Conditioning: Yes
  • Total Finished Area: 1762.00

Property Features:

  • Architectural Style: 1 and Half Storey
  • Built in: 1914
  • Construction Materials: Concrete, Vinyl Siding
  • Cooling: Central Air
  • Exterior Features: Private Entrance, Private Yard, Storage
  • Fireplace Features: Bedroom, Brick Facing, Wood Burning
  • Floor Space (approx): 1762.00 Square Feet
  • Foundation Details: Poured Concrete
  • Heating: Central, Natural Gas
  • Interior Features: High Ceilings, Kitchen Island, Laminate Counters, Open Floorplan, Separate Entrance
  • Levels: One and One Half
  • Parking Features: Additional Parking, Assigned, Off Street, Parking Lot, Parking Pad, Plug-In
  • Roof: Asphalt
  • Zoning: R-MD

Courtesy of: Real Estate Centre

Data provided by: REALTORS® Association Of South Central Alberta Box 997, Brooks, Alberta, T1R 1B8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved