Medicine Hat Real Estate Board

840 Smelter Avenue SE, Medicine Hat

$475,000

Property Description

Recently Renovated 4-Plex – A Fantastic Investment Opportunity! This fully renovated 4-plex offers a prime investment opportunity with four well-maintained 1-bedroom units. The property has undergone significant upgrades in the last five years, including new kitchen cabinets, flooring, fresh paint, light fixtures, windows, and shingles, ensuring low maintenance and a modern appeal. Each unit is equipped with modern kitchen cabinets, new flooring, and fresh paint. The units come complete with fridge, stove, window/wall air conditioner, and blinds for ultimate tenant comfort. Both the furnace and hot water tank were replaced in September 2020, adding peace of mind to the property’s long-term viability. The property boasts a low-maintenance exterior and is fully landscaped, with a privacy fence and a concrete patio area for tenants to enjoy. A shared laundry area with a stacking washer/dryer makes for an easy, hassle-free experience for all tenants. Each unit also has a secured locker, offering additional storage space. This 4-plex is a fully rented, income-producing property with long-term tenants in place. It is a low-maintenance, high-return investment that is ready for you to step in and start generating income immediately. Don't miss out on this turnkey investment opportunity – a well-maintained, recently renovated property!

4 plex 4 Parking