106 3 Street Se Medicine Hat, Alberta T1A 0G2
$440,000
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: ma in 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! (id:63013)
Property Details
MLS® Number | A2243580 |
Property Type | Multi-family |
Community Name | SE Hill |
Amenities Near By | Park, Shopping |
Features | Wood Windows, No Animal Home |
Parking Space Total | 8 |
Plan | 61685 |
Total Buildings | 1 |
Building
Appliances | Washer, Refrigerator, Stove, Dryer, Microwave, Washer/dryer Stack-up |
Basement Development | Finished |
Basement Type | Full (finished) |
Constructed Date | 1912 |
Construction Style Attachment | Attached |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick, Wood Siding |
Fire Protection | Smoke Detectors |
Fireplace Present | Yes |
Fireplace Total | 2 |
Flooring Type | Hardwood, Tile, Vinyl |
Foundation Type | Poured Concrete |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 2,144 Ft2 |
Total Finished Area | 2144 Sqft |
Type | Multi-family |
Utility Water | Municipal Water |
Parking
Gravel | |
Parking Pad | |
Detached Garage | 1 |
Land
Acreage | No |
Fence Type | Not Fenced |
Land Amenities | Park, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 12.19 M |
Size Frontage | 4.57 M |
Size Irregular | 6508.00 |
Size Total | 6508 Sqft|4,051 - 7,250 Sqft |
Size Total Text | 6508 Sqft|4,051 - 7,250 Sqft |
Zoning Description | R-md |
https://www.realtor.ca/real-estate/28677535/106-3-street-se-medicine-hat-se-hill
1202 Southview Dr. Se
Medicine Hat, Alberta T1B 4B6
(403) 528-4222
(403) 528-4040
https://www.royallepagemh.com/