Riverside
LIST PRICE
$599,900
223 5 Street NW, Medicine Hat · T1A 7X9
1,920 SQFT · BUILT 1976
MLS A2304150 · 82 DAYS ON MARKET
Interested in this home?
JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.
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