201 5 Street SE, Medicine Hat   ||   $369,900

DETAILS

MLS® NUMBER A2285332
BUILDING TYPE Detached
PROPERTY CLASS Residential
TOTAL BEDROOMS 5
BATHROOMS 3
SQUARE FOOTAGE 1157 Square Feet
YEAR BUILT 1947
BASEMENT None
GARAGE No
TOTAL PARKING 3
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.
Listing Brokerage: RIVER STREET REAL ESTATE

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