$399,900

For sale

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228232 Ross Glen Drive Southeast, Medicine Hat - Multi-family for Sale

228232 Ross Glen Drive Southeast, Medicine Hat, Alberta, T1B3A4

2 parking1,980 ft²Listed 13 days ago

Overview

804 8 Street Southeast, Medicine Hat, Alberta, T1A1M8

6 pk1,772 ft²

Listed by Real Estate Centre

908 Ross Glen Drive Southeast, Medicine Hat, Alberta, T1B3W7

For salePrice drop

91 days ago

$460K$470K

↓ $10K (2%) price drop

908 Ross Glen Drive Southeast, Medicine Hat, Alberta, T1B3W7

4 pk1,242 ft²

Listed by ROYAL LEPAGE COMMUNITY REALTY

64 Valleyview Drive Southwest, Medicine Hat, Alberta, T1A8N6

For sale

113 days ago

$895K

64 Valleyview Drive Southwest, Medicine Hat, Alberta, T1A8N6

8 pk3,344 ft²Lot size 11,492 sq ft (0.26 ac)

Listed by RIVER STREET REAL ESTATE

451147 Yuill Street Southeast, Medicine Hat, Alberta, T1A0Z4

For sale

118 days ago

$579K

451147 Yuill Street Southeast, Medicine Hat, Alberta, T1A0Z4

4 pk1,558 ft²

Listed by ROYAL LEPAGE COMMUNITY REALTY

Investment analysis

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$399,900

Medicine Hat

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This multi-family property in Medicine Hat is for sale offering roughly 1,980 sq ft of space. It has been on the market 13 days, fresher than the Medicine Hat average of 89 days.

Description

Exceptional investment opportunity in the highly sought after Ross Glen neighborhood! This revenue property offers excellent potential for investors looking to expand their portfolio with long-term tenants already in place. Each side features 4 bedrooms (2+2), 2 bathrooms, and 2 separate living areas. One side (232) was fully renovated approximately 3 years ago with new flooring, paint and upgrades to the bathrooms. Furnaces have been replaced in both units in the last 6-12 years, and maintenance free fence. (id:66096)

Property Details

MLS®: A2354131
Property Type: Multi-family
Zoning: NR-1
Parking: 2
Interior Size: 1,980 ft²
Units: 2
Year Built: 1980
Ownership: Freehold
Property Tax: $4,007/yr
Listed: 13 days ago

Market Timing

Days on market

13d

Medicine Hat listings, avg age

89d

Price / ft²

$202

List price

$400K

Haho

This multi-family in Medicine Hat has been listed for 13 days, which is 76 days fresher than the city average of 89. Act while there is still low competition.

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Listed by RE/MAX MEDALTA REAL ESTATE · SHAUNEEN VANDERHAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$399,900· $202/ft²

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$334/mo

Total monthly$2,440

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$0

Est. closing costs$3,700

Total cash needed$23,695

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