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119 Division AVE SE #1-4 Medicine Hat, AB T1A 2J4
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Key Details
Sold Price $400,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,350 sqft
Price per Sqft $119
Subdivision Se Hill
MLS® Listing ID A2079377
Sold Date 10/28/23
Style Low-Rise(1-4),Up/Down
Bedrooms 1
Full Baths 1
Year Built 1964
Annual Tax Amount $4,106
Tax Year 2023
Lot Size 8,099 Sqft
Acres 0.19
Property Sub-Type Apartment
Source Medicine Hat
Property Description
Solid 2 storey (fully rented with some long term tenants) all brick apartment style 4-plex in a great SE hill location super close to downtown shopping, bus stops, schools and restaurants. The main entrance has a security door to an inviting common area/hallway with the staircase leading to the units. There are 4 total units with 2- two bedroom,1 bath (approx. 850 sq/ft) 2- one bedroom, 1 bath(approx. 750 sq/ft). All units have been updated inside over the past few years with kitchen counter tops, flooring, paint, some fixtures..... they all show very well. The upper 2 units offer a south facing balcony to enjoy your morning coffee or fire up the outdoor grille and enjoy the outdoors. The lower level has a good size laundry room with washer and dryer for tenant use as well as a secure storage area for each unit. There is potential in the basement to increase revenue by adding another suite as there is a huge area currently used as storage. On the east side of the building is a good size parking pad with power to plug in during the winter months to keep things running not to mention 50'x50' undeveloped lot next the the apartment that would easily accommodate a large shop/garage. (as seen on the RPR in the pictures) The maintenance free exterior combined with the updated interior make this revenue property and excellent profitable source of income. Listing agent is part owner with a vested interest and is a licensed REALTOR® in Alberta. Call your agent today for further details!
Location
Province AB
County Medicine Hat
Zoning R-MD
Direction S
Rooms
Basement Full, Partially Finished
Interior
Interior Features No Animal Home, No Smoking Home, Storage
Heating Baseboard, Boiler, Hot Water, Natural Gas
Cooling None
Flooring Carpet, Linoleum, Vinyl
Appliance Washer/Dryer
Laundry Common Area, Laundry Room, Lower Level
Exterior
Parking Features Additional Parking, Asphalt, Off Street, Parking Lot, Parking Pad
Garage Description Additional Parking, Asphalt, Off Street, Parking Lot, Parking Pad
Fence None
Community Features None
Roof Type Asphalt Shingle
Porch Balcony(s)
Lot Frontage 50.0
Exposure S
Total Parking Spaces 6
Building
Lot Description Back Lane
Foundation Poured Concrete
Architectural Style Low-Rise(1-4), Up/Down
Level or Stories Multi Level Unit
Structure Type Brick,Concrete
Others
Restrictions Non-Smoking Building,Pets Not Allowed
Tax ID 83510034
Ownership Private,See Remarks
Pets Allowed No
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