Property Information:

Excellent Investment Opportunity with Well-Designed Four-Plex Bilevel Layout.This well-maintained four-plex presents an outstanding opportunity for investors seeking strong rental appeal and long-term income potential. Each of the four units features a thoughtfully designed bilevel layout with spacious, functional living areas throughout. The main floor of each unit offers a large living room with access to a private deck, complete with convenient enclosed storage underneath. A good-sized dining area flows seamlessly into the functional kitchen, which is equipped with ample cabinetry and a corner pantry, ideal for everyday living. The main level is completed by a comfortable primary bedroom featuring a walk-in closet and a private 3-piece ensuite. The lower level of each unit provides additional living space with two additional bedrooms, a full 4-piece bathroom, dedicated laundry, and generous storage. With consistent layouts across all four units, private outdoor space, and excellent tenant appeal, this four-plex is a solid, turn-key investment and a valuable addition to any real estate portfolio. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Exterior Finish: Stone, Vinyl siding
Floor Space: 2845 sqft
Foundation Type: Poured Concrete
Total Finished Area: 2845 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Built in: 2019
Floor Space (approx): 2845 Square Feet
Zoning: MU
Parking Type: Other
No. of Parking Spaces: 4

Courtesy of: RE/MAX MEDALTA REAL ESTATE

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Demographic Information of 634 Industrial Avenue SE, Medicine Hat, Alberta, T1A 3L3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$73,548.32

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.02 %

High school certificate or equivalent

38.89 %

Apprenticeship trade certificate/diploma

10.29 %

College/non-university certificate

19.75 %

University Degree

6.04 %

Commuter

Travel To Work

By Car

93.31 %

By Public Transit

0.17 %

By Walking

0.88 %

By Bicycle

0.12 %

By Other Methods

5.52 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.68 %

Houses

92.32 %

634 Industrial Avenue SE, Medicine Hat, Alberta, T1A 3L3