733 7 Street
Medicine Hat, Alberta

Sound investment property (CAP rate 7%-8%)! Nicely located just off Kingsway Ave SE with quick access to any part of the city so easy to rent. Solid 4-plex built in 1915 but totally remodeled (with permits). The 3 one bedroom units are rented while the 2 bedroom unit has just become vacant and is either ready to rent out or perfect for the new owner to move into. Each unit has it's own furnace, hot water tank, stove and fridge. The 2 main floor one bedroom units have unfinished usable basements and hook-ups for laundry. The 2 bedroom unit is on the 2nd and 3rd floor and besides fridge, stove and laundry hook-ups also has a built-in dishwasher. The owner pays for the natural gas, water and garbage pick-up while the tenants pay for their electricity and sewer. From the back lane there are 4 parking spots in the backyard and the front street has plenty of extra parking. (4564531)