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AB
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Greater Medicine Hat
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Division No. 1
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Medicine Hat
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South East Hills
201 5 Street SE
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201 5 Street SE $369,900
$369,900
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201 5 Street SE
Medicine Hat, Alberta T1A0M5

MLS® Number: A2285332
3 + 2
Bedrooms
3
Bathrooms
1157
Square Feet

Listing Description

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. (31631888)

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1157 sqft
Community Name
SE Hill
Subdivision Name
SE Hill
Title
Freehold
Land Size
9750 sqft|7,251 - 10,889 sqft
Built in
1947
Annual Property Taxes
$2,965
Parking Type
Other
Time on REALTOR.ca
16 days

Building

Bedrooms
Above Grade
3
Below Grade
2
Bathrooms
Total
3
Partial
0
Interior Features
Appliances Included
Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring
Carpeted, Laminate, Linoleum
Basement Type
Full (Finished)
Building Features
Features
No Smoking Home
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bungalow
Structures
Deck
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Schools, Shopping
Parking
Parking Type
Other
Total Parking Spaces
3

Measurements

Square Footage
1157 sqft
Total Finished Area
1157 sqft

Rooms

MetricImperial
Main level
Living room
Kitchen
Dining room
Primary Bedroom
4pc Bathroom
Bedroom
Bedroom
Basement
Family room
Laundry room
Bedroom
3pc Bathroom
Storage
Unknown
Other
Bedroom
4pc Bathroom
Living room

Land

Lot Features
Fencing
Fence
Frontage
22.86 m
Land Depth
39.62 m
Other Property Information
Zoning Description
R-MD
Data provided by: Pillar 9™
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403-866-2022
403-529-0859
REALTOR® Website
Email
RIVER STREET REAL ESTATE
910 Allowance Avenue SE
MEDICINE HAT, Alberta T1A3G7
403-527-4000
403-529-0859
Office Website

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