Active

RANCHLAND

354 Ranchlands Boulevard Ne, Medicine Hat, AB

$535,000

Residential · MLS® A2319880
3Bedrooms
4Bathrooms
1,649Sq Ft
1Garage
2020Year Built
02 / Overview

PROPERTY OVERVIEW

Investment Opportunity with Legal Suite in Ranchlands!

Welcome to 354 Ranchlands Boulevard NE — a fantastic opportunity to own a full up/down duplex with separate entrances, offering excellent flexibility for investors, multi-generational living, or homeowners looking to generate rental income. Unit 1 occupies the upper two levels and features its own private entrance, attached oversized single garage, and driveway. The bright and spacious main floor offers an open-concept layout designed for modern living. The stunning kitchen is the heart of the...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,649 sq ft
Lot Size3,037 sq ft
ZoningR-MD
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingOff Street • Oversized • Single Garage Attached
ExteriorOther
BasementFull
Year Built2020
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$714After mortgage & expenses
Cap Rate6.1%Based on market rents
Cash on Cash Return8.0%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

RANCHLAND

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Investment ScoreN/A
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Active ListingsN/A

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Listed by DEVON FELESKY · RE/MAX MEDALTA REAL ESTATE