72 Valleyview Drive Sw Medicine Hat, Alberta T1A 8N6

3,345 ft2
Bi-Level Forced Air

$879,900

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:60626)

Property Details

MLS® Number A2250513
Property Type Multi-family
Community Name SW Hill
Parking Space Total 8
Plan 9411371

Building

Architectural Style Bi-level
Constructed Date 1994
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 3,345 Ft2
Total Finished Area 3345 Sqft
Type Multi-family

Parking

Shared

Land

Acreage No
Size Total Text Unknown
Zoning Description R-md

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