223 5 ST NW, Medicine Hat, AB T1A 7X9
223 5 ST NW, Medicine Hat, AB T1A 7X9
223 5 ST NW, Medicine Hat, AB T1A 7X9
223 5 ST NW, Medicine Hat, AB T1A 7X9
223 5 ST NW, Medicine Hat, AB T1A 7X9
223 5 ST NW, Medicine Hat, AB T1A 7X9
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Carter Francis

Carter Francis

+1(403) 795-5361
$ 650,000
Est. payment | /mo

1,920 SqFt

Save
$ 650,000
Est. payment | /mo
Save

1,920 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1920.0

Square Footage 1,920 sqft

Price per Sqft $338

Subdivision Riverside

MLS Listing ID A2304150

Style Bi-Level

Year Built 1976

Property Sub-Type 4 plex

Property Description

Excellent investment opportunity with this well-maintained fourplex offering strong income potential and long-term stability. Three of the four units are currently occupied by reliable long-term tenants,providing immediate cash flow,while the vacant unit has been recently refreshed with fresh paint and newer main floor flooring—ideal for owner occupancy or to maximize rental income at current market rates. Each unit features a functional and consistent layout,with the main floor offering a spacious kitchen,dining area,and bright living room complete with a cozy fireplace,along with a convenient 2-piece bathroom. The lower level includes two comfortable bedrooms,a full 4-piece bathroom,laundry area,and mechanical room,creating practical and desirable living spaces for tenants. The property has seen important updates over time,including new shingles in 2025 and mid efficiency furnaces and 2 hot water tanks (2020 & 2025). All units are equipped with central air conditioning,adding to tenant comfort and overall appeal.

Location

State AB

Zoning R-LD

Direction NW

Interior

Interior Features See Remarks

Heating Forced Air

Cooling Central Air

Flooring Carpet, Linoleum

Fireplaces Number 4

Fireplaces Type Wood Burning

Inclusions fridge (4), stove (4), shed

Fireplace Yes

Appliance Electric Stove, Refrigerator

Exterior

Exterior Feature Other

Parking Features Off Street

Roof Type Asphalt Shingle

Porch Balcony(s)

Total Parking Spaces 4

Garage No

Building

Dwelling Type Four Plex

Story One

Architectural Style Bi-Level

Level or Stories One

New Construction No

Others

Restrictions None Known

Listed by RE/MAX MEDALTA REAL ESTATE

Nearby Locations

Carter Francis

Choosing us means partnering with a team that is committed to achieving your real estate goals with professionalism, integrity, and a personal touch.

+1(403) 795-5361

real.cfrancis@gmail.com

2206 10 Ave. South,, Lethbridge, Alberta, T1k 0c2, CAN

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223 5 ST NW