$598,900

Residential · MLS® A2282338
3Bedrooms
3Bathrooms
2,702Sq Ft
2Garage
1910Year Built
02 / Overview

PROPERTY OVERVIEW

Wake up to the sunrise over the South Saskatchewan River, spend your evenings watching the sunset, and wonder how you ever lived anywhere else!! <3 Welcome to 176 1st Street SW—one of Medicine Hat’s most beautiful river locations, walking distance to the historic Downtown, yet perfectly tucked into a peaceful, natural setting. One of the city’s original homes, this whimsical property was thoughtfully expanded with a major renovation in the 1980s, creating extra space while keeping its character and charm....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,702 sq ft
Lot Size18,730 sq ft
ZoningR-LD
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1910
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$2,225After mortgage & expenses
Cap Rate8.9%Based on market rents
Cash on Cash Return22.3%With 20% down payment
Est. Monthly Rent$4,879Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SW HILL

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by ELIZABETH MCNALLY · REAL BROKER