Medicine Hat Real Estate Board

933 & 935 1 Street SW, Medicine Hat

$429,000

Property Description

Full Duplex in a Prime Location – Strong Investment Opportunity! This well-kept full duplex offers exceptional value with a convenient location just minutes from the Trans-Canada Highway, the Hospital, and River Heights School. Each side features a spacious and practical layout, making this an ideal addition to any investment portfolio. Both units offer bright main floors with large living rooms, good-sized eat-in kitchens, two comfortable bedrooms, and a full 4-piece bathroom. The lower levels are fully developed, providing generous family rooms, a third bedroom, a 3-piece bathroom, and dedicated laundry/storage rooms for added convenience.
Tenants enjoy front parking for two vehicles per unit and private fenced backyards — a great perk for outdoor enjoyment and privacy. Even better, each tenant pays their own utilities, keeping expenses low for the owner. This property delivers strong and steady rental income at $2,200 per month, with long-term tenants who would love to stay, making this a truly turn-key investment. Thoughtful updates have already been handled, including:
• Shingles replaced in 2015
• Unit 935 – New flooring, fresh paint, new furnace & A/C (2025)
• Unit 933 – New hot water tank (2023) and furnace replaced in 2014
Whether you’re a seasoned investor or exploring your first rental opportunity, this duplex checks all the boxes — a great location, reliable income, and major updates complete. Don’t miss your chance to secure a solid investment in a high-demand area!

Full Duplex 4 Parking