112 1 Street NE
Medicine Hat T1A 5K3
MLS® Number: A2300316
$ 899,900
0
BEDROOMS
0 + 0
BATHROOMS
1968
YEAR BUILT
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.
| COMMUNITY | Riverside |
| PROPERTY TYPE | Multi Family |
| BUILDING TYPE | Low Rise (2-4 stories) |
| STYLE | N/A |
| YEAR BUILT | 1968 |
| SQUARE FOOTAGE | 0 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | |
| AMENITIES | |
| APPLIANCES | |
| COOLING | Other |
| FIREPLACE | N/A |
| FLOORING | |
| HEATING | Boiler |
| LAUNDRY | |
| LOT FEATURES | |
| PARKING | |
| RESTRICTIONS | None Known |
| ROOF | Membrane |
| TITLE | |
| BROKER | RIVER STREET REAL ESTATE |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|