01 / Property Detail
RIVERSIDE
401 3 Street Nw, Medicine Hat, AB
$209,900
Residential · MLS® A22911523Bedrooms
1Bathrooms
810Sq Ft
1Garage
1949Year Built
02 / Overview
PROPERTY OVERVIEW
Handyman’s Special on a Large Double Corner Lot! Looking for a project with great potential? This handyman’s special sits on a large double-corner lot, offering plenty of space and potential for future improvements, redevelopment, or expansion. The property also features a detached single garage along with a unique bunker-style shed, providing additional storage or potential workshop space. Inside, the home welcomes you with a bright enclosed front porch, ideal for a mudroom or entry space. The main floor features a...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area810 sq ft
Lot Size6,000 sq ft
ZoningR-LD
HeatingForced Air
CoolingCentral Air
ParkingSingle Garage Detached
ExteriorOther
BasementFull
Year Built1949
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$638After mortgage & expenses
Cap Rate8.1%Based on market rents
Cash on Cash Return18.2%With 20% down payment
Est. Monthly Rent$1,568Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
RIVERSIDE
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by DEVON FELESKY · RE/MAX MEDALTA REAL ESTATE