JN REAL ESTATE GROUP

Riverside

LIST PRICE

$599,900

223 5 Street NW, Medicine Hat · T1A 7X9

1,920 SQFT · BUILT 1976

MLS A2304150 · 82 DAYS ON MARKET

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RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

Excellent investment opportunity with this well-maintained fourplex offering strong income potential and long-term stability. Three of the four units are currently occupied by reliable long-term tenants, providing immediate cash flow, while the vacant unit has been recently refreshed with fresh paint and newer main floor flooring—ideal for owner occupancy or to maximize rental income at current market rates. Each unit features a functional and consistent layout, with the main floor offering a spacious kitchen, dining area, and bright living room complete with a cozy fireplace, along with a convenient 2-piece bathroom. The lower level includes two comfortable bedrooms, a full 4-piece bathroom, laundry area, and mechanical room, creating practical and desirable living spaces for tenants. The property has seen important updates over time, including new shingles in 2025 and mid efficiency furnaces and 2 hot water tanks (2020 & 2025). All units are equipped with central air conditioning, adding to tenant comfort and overall appeal.

DETAILS

INTERIOR

LIVING AREA (SQFT)
1,920
FEATURES
See Remarks
APPLIANCES
Electric Stove · Refrigerator
FLOORING
Carpet · Linoleum
FIREPLACE
Wood Burning

BUILDING

TYPE
4 plex
STYLE
Bi-Level
YEAR BUILT
1976
NEW CONSTRUCTION
No
CONSTRUCTION
Wood Frame
ROOF
Asphalt Shingle

PARKING

TOTAL PARKING
4
PARKING
Off Street

LOT & EXTERIOR

EXTERIOR
Other
PATIO & PORCH
Balcony(s)

COMMUNITY

COMMUNITY
Riverside
ZONING
N-R3
POSTAL CODE
T1A 7X9

UTILITIES & COSTS

HEATING
Forced Air
COOLING
Central Air
ANNUAL TAXES
$4,908

LISTING COURTESY OF SHAUNEEN VANDERHAM · RE/MAX MEDALTA REAL ESTATE

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.