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112 1 ST NE Medicine Hat, AB T1A 5K3
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Key Details
Sold Price $880,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Riverside
MLS® Listing ID A2300316
Sold Date 05/01/26
Year Built 1968
Annual Tax Amount $8,908
Tax Year 2025
Lot Size 9,000 Sqft
Acres 0.21
Property Sub-Type Multi Family
Source Medicine Hat
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.
2 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.
Location
Province AB
County Medicine Hat
Zoning R-MD
Interior
Heating Boiler
Cooling Other
Exterior
Roof Type Membrane
Lot Frontage 75.0
Total Parking Spaces 8
Others
Restrictions None Known
Tax ID 102743536
Ownership Private
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