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112 1 Street NE

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112 1 Street NE

Medicine Hat

$

899,900

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.Several 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 Information

Address

112 1 Street NE

Neighbourhood

Riverside

City

Medicine Hat

Province

Alberta

Postal Code

T1A 5K3

Amenities

Appliances

Levels

Sewer

Water

Utilities

General Features

Basement

Property Type

Commercial

Cooling

Other

Architectural Style

Heating

Boiler

Roof

Membrane

Interior Features

Living Area (ft2)

Flooring

Full Baths

Fireplaces Total

Laundry

Other Features

Exterior Features

Patio & Porch

Lot Size acres

0.21

Parking

Foundation

Garage

Lot Size Dimensions

Beds
Baths
Living
sq.ft.
Lot
9000
SQ.FT.
Year Built
1968
Status
Pending
MLS ID
A2300316
Patrice Morrison
Owner | Agent | Broker | Residential | Commercial | Rural | Property Management

Phone:

403-866-2022

Email:

broker@riverst.ca

403.527.4000