Medicine Hat Real Estate Board

241 11 Street SW, Medicine Hat

$419,900

Property Description

Exceptional Revenue Opportunity in SW Hill – 3 Legal Living Spaces! Check out this monthly rental income: Main floor - $1750, Unit 2 -$900, Unit 3 -$825, TOTAL - $3475/month!
This property is a rare find, offering three separate living spaces, including two fully legal basement suites, perfect for investors or savvy homeowners looking to generate income.
The freshly painted main floor features three spacious bedrooms, a full 4-piece bathroom, an open-concept living room, and a bright kitchen with dining area. Recent updates such as new window coverings and refreshed cabinet hardware add a modern, inviting touch. Choose to live on the main floor or rent it out as a third suite, the options are flexible and financially rewarding. The basement boasts two legal one-bedroom suites, each with its own kitchen and living room. These suites share a 4-piece bathroom and a common laundry area, and are currently tenant-occupied providing immediate rental income. Outside, enjoy a spacious yard with detached single garage and convenient off-street parking stalls. This is a turn-key investment with strong revenue potential and excellent long-term value.

1187 sqft 5 2

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Quick Summary

Listing Details
MLS® Number	A2264173
Status	Pending
Price	$419,900
Listing Agent	TORREY MATTSON

Tax Details
Tax Year	2025
Annual Tax Amount	$2583.00

Key Metrics
Year Built	1954
Living Area	1187 sqft
Bedrooms	5
Bathrooms	2
Garage	Yes

Property Features

Inclusions

Stove (3) Fridge (3) Microwave (1) Washer/Dryer (1) All Window Coverings

Interior Features

See Remarks

Parking Features

Single Garage Detached
Stall

Room Sizes

Main

Living Room	18`7" x 16`8"
Dining Room	8`10" x 13`0"
Kitchen	12`10" x 10`4"
Bedroom - Primary	11`10" x 11`3"
Bedroom	10`11" x 11`8"
Bedroom	10`11" x 9`4"
4pc Bathroom	5`0" x 7`11"

Basement

Laundry	10`10" x 6`0"
Furnace/Utility Room	4`5" x 10`0"
Bedroom	12`0" x 10`10"
Bedroom	10`11" x 11`1"
Kitchen	11`6" x 11`1"
Kitchen	9`8" x 11`4"
Living Room	13`6" x 11`7"
Living Room	12`5" x 8`5"
4pc Bathroom	5`0" x 8`2"