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$624,900
Est. payment /mo
1,883 SqFt
Active
502 3 AVE SE Medicine Hat, AB T1A2L9
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Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Square Footage 1,883 sqft
Price per Sqft $331
Subdivision Se Hill
MLS® Listing ID A2318200
Year Built 1969
Annual Tax Amount $4,744
Tax Year 2025
Property Sub-Type 4 plex
Source Medicine Hat
Property 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.
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.
Location
Province AB
County Medicine Hat
Zoning R-MD
Interior
Inclusions 4 Refrigerator, Stoves , 4 Ac wall units
Exterior
Roof Type Asphalt Shingle
Lot Frontage 50.0
Total Parking Spaces 4
Others
Restrictions None Known
Tax ID 102723458
Ownership Private
Listed by RE/MAX MEDALTA REAL ESTATE
Nearby Locations
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