Active

SW HILL

237 7 Street Sw, Medicine Hat, AB

$349,999

Residential · MLS® A2293578
4Bedrooms
2Bathrooms
950Sq Ft
2Garage
1953Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to the perfect starter home or revenue property! This charming 950 sq. ft. raised bungalow offers incredible versatility with a legal 877 sq. ft. basement suite and a 24' x 26' detached garage.

Located on the desirable Southwest Hill, this home is close to many great amenities, making it an ideal option for homeowners and investors alike.

As you step inside, you’re immediately welcomed by the home’s character and warmth. The main living area is both functional and inviting, filled with...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area950 sq ft
Lot Size6,250 sq ft
ZoningR-LD
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Detached • Off Street • Parking Pad
ExteriorOther
BasementFull
Year Built1953
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,518After mortgage & expenses
Cap Rate9.7%Based on market rents
Cash on Cash Return26.0%With 20% down payment
Est. Monthly Rent$3,200Based 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 NORBERT KLAIBER · SOURCE 1 REALTY CORP.