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:57919)
| MLS® Number | A2250513 |
| Property Type | Multi-family |
| Community Name | SW Hill |
| Parking Space Total | 8 |
| Plan | 9411371 |
| Architectural Style | Bi-level |
| Constructed Date | 1994 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3,345 Sqft |
| Total Finished Area | 3345 Sqft |
| Type | Multi-family |
| Shared |
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | R-md |
https://www.realtor.ca/real-estate/28768024/72-valleyview-drive-sw-medicine-hat-sw-hill
Contact us for more information
Matt Teel
Associate
(403) 528-4222
(403) 528-4040
www.royallepagemh.com/
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