201 5 Street Se, Medicine Hat, Alberta T1A 0M5

Listed for:
$369,900
5 beds
3 baths
Listed 5 days ago
House for rent: 201 5 Street Se, Medicine Hat, Alberta T1A 0M5

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About

A rare investment opportunity delivering an excellent return with a cap rate just over 8%. This versatile property features two separate homes on a generous 75 x 130 lot, each individually fenced and offering off-street parking.The main residence is a brick home offering 1,157 sq ft of living space with 4 bedrooms and 2 bathrooms. The fully self-contained secondary bachelor suite adds charm with a cozy cottage feel and includes its own kitchen, 4-piece bath, and convenient stacking laundry.Zoned for medium density, this property offers strong future potential while generating immediate income with long-term tenants already in place. Ideally located within walking distance to schools, downtown restaurants and shopping, walking paths, and parks—an unbeatable combination of location, income, and upside. (id:27476)

Property Highlights

MLS® Number
A2285332
Type
Single Family
Community Name
SE Hill
Ownership Type
Freehold
Land Size
9750 sqft|7,251 - 10,889 sqft
Parking Space Total
3

Building

Building Type
House
Storeys
1.00
Square Footage
1157 sqft
Bathrooms Total
3
Bedrooms Above Ground
3
Bedrooms Total
5
Amenities
Schools, Shopping
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
Central air conditioning

Location

Learn more about this property
Listing provided by:
RIVER STREET REAL ESTATE
MLS® number:
A2285332
Agent:
Patrice Morrison
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