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$439,000
Est. payment /mo
1,821 SqFt
New
662/664 1 ST SW Medicine Hat, AB T1A 3Z4
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Key Details
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1821.0
Square Footage 1,821 sqft
Price per Sqft $241
MLS Listing ID A2329321
Style Attached-Side by Side
Year Built 1973
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50ft x 127ft
Property Sub-Type Full Duplex
Property Description
Excellent investment opportunity in the heart of Medicine Hat's Harlow neighbourhood! This well-maintained side-by-side duplex offers immediate revenue with long-term tenants already in place,making it an ideal addition to any investment portfolio. With separate utilities paid by the tenants and a current gross rental income of $2,200 per month,this is a fantastic opportunity for both seasoned investors and those looking to enter the rental market. It also offers excellent flexibility for buyers wanting to live in one unit while generating income from the other.
Situated on a generous 50' x 127' lot,the property features two well-designed units. Unit 644 offers a spacious 2+2 bedroom layout with 2 full bathrooms,while Unit 662 features 2+1 bedrooms and 1 full bathroom. A new furnace was installed in Unit 662 in 2024,and the property also benefits from updated shingles completed in 2019 providing added peace of mind for years to come.
The detached garage (measurments are 12.4ft x 26.3ft) offers valuable storage space or the potential to generate additional rental income. Conveniently located in the established Harlow neighbourhood,close to schools,parks,shopping,and everyday amenities,this property is well-positioned for long-term investment success.
Whether you're looking to expand your investment portfolio or searching for the perfect live-up/rent-down opportunity,this duplex offers an excellent combination of cash flow,flexibility,and future potential.
Situated on a generous 50' x 127' lot,the property features two well-designed units. Unit 644 offers a spacious 2+2 bedroom layout with 2 full bathrooms,while Unit 662 features 2+1 bedrooms and 1 full bathroom. A new furnace was installed in Unit 662 in 2024,and the property also benefits from updated shingles completed in 2019 providing added peace of mind for years to come.
The detached garage (measurments are 12.4ft x 26.3ft) offers valuable storage space or the potential to generate additional rental income. Conveniently located in the established Harlow neighbourhood,close to schools,parks,shopping,and everyday amenities,this property is well-positioned for long-term investment success.
Whether you're looking to expand your investment portfolio or searching for the perfect live-up/rent-down opportunity,this duplex offers an excellent combination of cash flow,flexibility,and future potential.
Location
Province AB
County 0217
Zoning R-LD
Direction SW
Interior
Heating Boiler, Forced Air
Inclusions Refrigerator x2, Stove x2, Window A/C x2, Window Coverings
Fireplace No
Appliance Refrigerator, Stove(s), Wall/Window Air Conditioner, Window Coverings
Exterior
Parking Features Single Garage Detached
Garage Spaces 1.0
Total Parking Spaces 4
Garage Yes
Building
Dwelling Type Duplex
Architectural Style Attached-Side by Side
Others
Restrictions None Known
Listed by RE/MAX MEDALTA REAL ESTATE
NEARBY SCHOOL & BUSINESS
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