223 5 Street NW, Medicine Hat, AB T1A7X9
223 5 Street NW, Medicine Hat, AB T1A7X9
223 5 Street NW, Medicine Hat, AB T1A7X9
223 5 Street NW, Medicine Hat, AB T1A7X9
223 5 Street NW, Medicine Hat, AB T1A7X9
223 5 Street NW, Medicine Hat, AB T1A7X9
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$ 650,000
Est. payment | /mo

1,920 SqFt


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$ 650,000
Est. payment | /mo
Save

1,920 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1920

Square Footage 1,920 sqft

Price per Sqft $338

Subdivision Riverside

MLS® Listing ID A2304150

Style Bi-level

Year Built 1976

Property Sub-Type Freehold

Property Description

Excellent investment opportunity with this well-maintained fourplex offering strong income potential and long-term stability. Three of the four units are currently occupied by reliable long-term tenants, providing immediate cash flow, while the vacant unit has been recently refreshed with fresh paint and newer main floor flooring—ideal for owner occupancy or to maximize rental income at current market rates. Each unit features a functional and consistent layout, with the main floor offering a spacious kitchen, dining area, and bright living room complete with a cozy fireplace, along with a convenient 2-piece bathroom. The lower level includes two comfortable bedrooms, a full 4-piece bathroom, laundry area, and mechanical room, creating practical and desirable living spaces for tenants. The property has seen important updates over time, including new shingles in 2025 and mid efficiency furnaces and 2 hot water tanks (2020 & 2025). All units are equipped with central air conditioning, adding to tenant comfort and overall appeal. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Carpeted, Linoleum

Fireplaces Number 4

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 1

Architectural Style Bi-level

Others

Ownership Freehold

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Listed by RE/MAX MEDALTA REAL ESTATE

Nearby Locations

Afroz Shaik Realtor

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(825) 449-1679

ask@afrozshaik.com

1816 Crowchild Trail NW # 700, Calgary, T2M, 3Y7, Canada

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223 5 Street NW