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Home AB Greater Medicine Hat Medicine Hat South Flats
840 Smelter Avenue SE
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840 Smelter Avenue SE $475,000
3 days ago
$475,000
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840 Smelter Avenue SE
Medicine Hat, Alberta T1A3N5

MLS® Number: A2205662

Listing 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! (30282083)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
2
Community Name
River Flats
Subdivision Name
River Flats
Title
Freehold
Land Size
Unknown
Built in
1943
Annual Property Taxes
$4,178
Total Parking Spaces
4
Time on REALTOR.ca
3 days

Building

Interior Features
Appliances Included
See remarks
Flooring
Vinyl Plank
Building Features
Construction Material
Poured concrete
Heating & Cooling
Cooling
Window air conditioner, Wall unit
Heating Type
Forced air, (Natural gas)
Exterior Features
Exterior Finish
Concrete, Stucco
Parking
Total Parking Spaces
4

Measurements

Square Footage
2160 sqft
Total Finished Area
2160 sqft

Land

Other Property Information
Zoning Description
MU
Data provided by: Pillar 9™

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