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Medicine Hat,AB T1A0G2
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2144.0
Square Footage 2,144 sqft
Price per Sqft $205
Subdivision Se Hill
MLS Listing ID A2243580
Style 2 Storey
Year Built 1912
Lot Size 6,534 Sqft
Property Sub-Type Triplex
Property Description
This beautiful 1912 CHARACTER home offers a rare opportunity for investors or anyone dreaming of running a home-based business in a GREAT location—just steps from Medicine Hat's downtown core. Enjoy the best views in Medicine Hat from the upper suite's WRAP-AROUND balcony, overlooking the SCENIC river valley. Located just minutes from cafés, restaurants, shops, and businesses downtown, this property is uniquely elevated on a hill and surrounded by some of the most charming and affluent homes in the city — and yes, it's just a short walk to SWIRLS, the best ice cream around!
With 3,150 sqft of TOTAL living space the property features THREE self-contained SUITES, each about 1,000 sqft and an own private entrance.
SUITE #1 (Upper Floor): 1,108 sq. ft. - 2 bedrooms and a LOFT that could be a bedroom or an office, 1 bathroom, and a stunning wrap-around balcony. Rented for $1,750/month.
SUITE #2 (Main Floor): 1,035 sqft renovated in 2024 - 2 bedrooms, 1 bathroom, with lots of natural light and own place for a washer and dryer in the bathroom, rented for $1,500.
SUITE #3 (Basement): is spacious with 1,000 sqft, kitchen, dining room, 1 bedroom, 1 bathroom and is rented for $800 and has been there for the past 7 years.
ADDITIONAL HIGHLIGHTS: Utilities are shared, currently washer and dryer are SHARED with the suite #2 and #3 while the upper unit #1 has its own. Utility bills are available to serious buyers, and the average for all was $511/ month in 2024. The property has been well maintained and the last owner has done extensive repairs - Electrical was completely replaced in 2022 with Jim's Electric and 3 separate panels are installed in each suite with 200 amps. Insulation on the main and sound proof bar was added to insure the noise reduction. The property offers 7 parking spaces-two on east side and 5 at the back, making it ideal for clients or business traffic, and a single car GARAGE in the back.
Shingles are about 7 years old. HWT is 2015.
RECENT UPGRADES: main floor completely renovated 2024, a new 200-amp electrical panel, full electrical system update and 3 separate electrical panels at each suit, new insulation on the main floor, soundproofing in the main floor ceiling, roughed-in and a laundry plumbing on the main level.
This is a unique and versatile property—perfect for investors, entrepreneurs, or anyone seeking a blend of character, location, and opportunity. Call your REALTOR® for a private tour!
Location
Province AB
County 0217
Community Park,Shopping Nearby,Walking/Bike Paths
Zoning R-MD
Rooms
Basement Finished,Full
Interior
Interior Features Ceiling Fan(s),Crown Molding,No Animal Home,Wood Windows
Heating Forced Air,Natural Gas
Cooling Central Air
Flooring Hardwood,Tile,Vinyl
Fireplaces Number 2
Fireplaces Type Brick Facing,Family Room,Gas,Living Room
Furnishings Unfurnished
Exterior
Exterior Feature Private Entrance,Private Yard
Parking Features Alley Access,Garage Faces Rear,Gravel Driveway,Parking Pad,Single Garage Detached
Garage Spaces 1.0
Fence None
Community Features Park,Shopping Nearby,Walking/Bike Paths
Water Access Desc Public
Roof Type Asphalt
Building
Lot Description Back Yard,Corner Lot
Dwelling Type Triplex
Story 2
Foundation Poured Concrete
Sewer Public Sewer
Water Public
Others
Virtual Tour https://www.youtube.com/shorts/G_0FZhStq8Q