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$779,000

623 Industrial Avenue SE, Medicine Hat, AB, T1A 3L4

MLS® # A2283668

Medicine Hat AB, T1A 3L4

MLS® # A2283668

Property Information:

Turn-Key Four-Plex with Strong Income PotentialThis well-cared-for four-plex offers a smart opportunity for investors looking to add a stable, income-producing property to their portfolio. Designed with efficiency and tenant comfort in mind, each unit features a functional bilevel layout that maximizes space and livability.The main level in every unit includes a bright, spacious living room with direct access to a private deck, along with enclosed storage conveniently located below. A generous dining area connects seamlessly to the practical kitchen, complete with ample cabinetry and a corner pantry—well suited for daily use. The primary bedroom is also located on the main floor and offers the added benefit of a walk-in closet and a private 3-piece ensuite.Downstairs, each unit is fully developed with two additional bedrooms, a full 4-piece bathroom, dedicated laundry area, and plenty of storage space. With mirrored layouts across all four units, private outdoor areas, and consistent design throughout, this property delivers excellent rental appeal and ease of management.A well-maintained, low-maintenance four-plex offering immediate income and long-term value—an ideal addition to any investment strategy.

Inclusions: Refrigerator x4, Stove x4, Dishwasher x4, Range Hood x4, Washer x4, Dryer x4, Window Coverings, Central Air Conditioner

Building Features:

  • Air Conditioning: Yes
  • Total Finished Area: 2858.00

Property Features:

  • Built in: 2019
  • Construction Materials: Stone, Vinyl Siding
  • Cooling: Central Air
  • Floor Space (approx): 2858.00 Square Feet
  • Foundation Details: Poured Concrete
  • Heating: Forced Air, Natural Gas
  • Interior Features: See Remarks
  • Parking Features: Off Street
  • Zoning: R-MD
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX MEDALTA REAL ESTATE

Data provided by: Medicine Hat Real Estate Board Co-operative Ltd. 403 4th St. SE, Medicine Hat, Alberta T1A 0K5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 623 Industrial Avenue SE, Medicine Hat, AB, T1A 3L4

Demographic Information of 623 Industrial Avenue SE, Medicine Hat, AB, T1A 3L4

Life Stage

Midlife Families

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 %

Own Vs. Rent