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502 3 Avenue Se, Medicine Hat, Alberta T1A 2L9

MLS® # A2318200

$624,900

Property Size 1883
Year Built 1969
Garages 4

Description

Welcome to 502 3 Avenue SE, a well-maintained fourplex revenue property located on the desirable SE Hill, centrally situated and within easy reach of shopping, schools, parks, and other everyday amenities.This investment property features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. All units have been painted within the last two years, with three of the four suites offering durable tile and laminate flooring, while the fourth features a combination of carpet and tile. Tenants will also appreciate the convenience of shared coin-operated laundry on site. The coin laundry is supplied by BK Coin Supplies.Outside, the property offers ample parking with powered stalls for all four units, as well as a storage shed ideal for maintenance equipment and additional storage needs. The well-maintained exterior and functional layout make this property an attractive and low-maintenance investment opportunity.Whether you're looking to expand an existing rental portfolio or make your first investment in the rental market, this property offers excellent potential and steady income opportunities. (id:53676)

PROPERTY FEATURES

  • MLS® Number A2318200
  • Price $624,900
  • Square Footage: 1883 sqft
  • Property Type: Multi-Family
  • Community Name: SE Hill
  • Parking Space Total 4
  • Plan 636m

Buildings

Constructed Date 1969 Size Interior 1883 Sqft
Total Finished Area 1883 Sqft Type Multi-family

Land

Acreage No Size Depth 39.62 M
Size Frontage 15.24 M Size Total Text Unknown
Zoning Description R-md

BROKERAGE

  • Office: RE/MAX Medalta Real Estate

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