72 Valleyview Drive SW new Save Request In-Person Tour Request Virtual Tour
Medicine Hat,AB T1A8N6
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,345 sqft
Price per Sqft $263
Subdivision Sw Hill
MLS Listing ID A2250513
Style Bi-level
Year Built 1994
Property Sub-Type Freehold
Source Medicine Hat Real Estate Board Co-op
Property Description
Excellent Investment Opportunity! This fully rented 4-plex is ideally located close to restaurants, schools, the hospital, parks, and walking paths, making it highly desirable to tenants. Each spacious unit offers 775 sq. ft. of living space and features 4 bedrooms(1+3) with walk-in closets, laundry rooms, 2 full bathrooms, a good size kitchen/dining with all appliances, a generously sized living room, and its own private balcony. Every unit also includes 2 designated parking stalls conveniently located right out front of the units. With leases already in place and a functional layout that appeals to a wide range of renters, this property is a strong addition to any investment portfolio. Currently the units are being rented out for: (Unit 1 $1675/mon/Fixed Term until June 30 2026), (Unit 2 $1540/mon/Fixed Term until July 31, 2026), (Unit 3 $1300/mon/Fixed Term until Sept 30, 2025 - Renewal has been offered), (Unit 4 $1300/mon/Month to Month) - EXPENSES: Current Insurance Premium - $248/month ($2976/year) Property Taxes - $645.50/Month ($7,746/Year) Tenants Pay all their own Utilities (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Architectural Style Bi-level
Others
Ownership Freehold