27
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$879,900
Est. payment /mo
3,345 SqFt
New
72 Valleyview DR SW Medicine Hat, AB T1A 8N6
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Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3345.0
Square Footage 3,345 sqft
Price per Sqft $263
Subdivision Sw Hill
MLS Listing ID A2250513
Style Bi-Level
HOA Y/N No
Year Built 1994
Property Sub-Type 4 plex
Property Description
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
Location
Province AB
County 0217
Zoning R-MD
Interior
Heating Forced Air, Natural Gas
Inclusions 4 x central air conditioners, 4 x fridges, 4 x stoves, 4 x dishwashers, all window coverings
Fireplace No
Appliance Central Air Conditioner
Exterior
Parking Features Common, Stall
Roof Type Asphalt Shingle
Porch Balcony(s)
Total Parking Spaces 8
Garage No
Building
Dwelling Type Four Plex
Others
Restrictions None Known
Listed by ROYAL LEPAGE COMMUNITY REALTY