Serving Medicine Hat Since 1955

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  • Main Office

  • 403 4th St. SE Medicine Hat

112 1 Street NE

Medicine Hat
home Current Listings MLS® A2300316

112 1 Street NE, Medicine Hat

$899,900

Property Description

Pride of ownership is evident in this pristine 8-unit apartment building, ideally located in the mature Riverside area. Featuring a solid revenue mix of 6 two-bedroom units and 2 one-bedroom units, this property offers both stability and strong tenant appeal.
Several units have been tastefully updated with modern vinyl plank flooring, along with renovated kitchens and bathrooms. The building also benefits from newer windows and a durable membrane roof, helping to minimize future maintenance.
Additional upgrades include two hot water tanks replaced in 2018. Each unit is equipped with a fridge, stove, and wall-mounted air conditioner, providing convenience and comfort for tenants.
The property also includes two coin-operated washers and dryers for added income potential, as well as rear paved parking. Four units feature private balconies, enhancing tenant satisfaction and retention.
With long-term tenants already in place and a location just steps from downtown, restaurants, and amenities, this is a turnkey investment opportunity you won’t want to miss.

9000 sqft (lot) Multi Family For Sale

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Quick Summary

Listing Details
MLS® Number A2300316
Status Pending
Price $899,900
Listing Agent PATRICE MORRISON
Tax Details
Tax Year 2025
Annual Tax Amount $8908.00
Key Metrics
Year Built 1968
Building Area 3498 sqft
Total Parking 8
Garage No

Property Features

Inclusions

  • 8 Fridges
  • 8 Stoves
  • 8 Wall A/C
  • 2 Washers/Dryers (Coin Operated)

Contact Agent

PATRICE MORRISON

Phone:
Email:
Office:

403-866-2022

broker@riverst.ca

RIVER STREET REAL ESTATE


Contact Co-Agent

JAY JOHNSON

Phone:
Email:
Office:

403-977-4828

jayventures1@gmail.com

RIVER STREET REAL ESTATE

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