404 8 ST SW Medicine Hat, AB T1A4M2

Don't Miss this RARE OPPORTUNITY to own an oversized home on the SW Hill with TWO separate Basement suites and an attached, Heated, 2 car Garage...for an amazing price! There is also a large area above the garage with large windows that could be rented as a 4th separate income stream. It would make a great office or art studio and has its own bathroom and kitchen cabinet area. With some renovations it could possibly be transformed into a studio apartment. HUGE value adds on this home are that the Electrical Panel is upgraded to 200 AMP and the home has all newer vinyl windows Up and Down.

The Main floor dwelling has 2 bedrooms with a renovated 4 pc Bath. It is over 1400 sq ft, which makes it a very comfortable and functional living space. What was previously a 3rd bedroom on the main floor was converted to a laundry room. The south side of the home has a balcony that has access from both the living room and the second bedroom. The Main floor has original hardwood that was once sanded, refinished, and painted. The kitchen has a coveted gas range, newer fridge and dishwasher, newer flooring; and to top it off, has an east facing balcony perfect for enjoying your morning cup of coffee. A separate entrance near the garage accommodates the access to the basement suites and the separate loft above the garage. The basement suites were renovated top to bottom in 2016. Each have their own fully functional kitchen with VENTILATION EXHAUST FANS and have a shared laundry room with newer Washer and Dryer (2016). The 1 Bedroom Suite has a huge walk-in closet with an egress window, a roomy kitchen with plenty of modern wood toned cabinets, higher-end appliances, a gas range, and vented exhaust fan/Microwave range hood. It also has a 3 pc bathroom, and a very spacious living room area.
The Studio Suite is also a good size with a 3 pc bathroom, an oversized closet and a separate eat-in kitchen.

The Lot is huge with a big front yard and a good size fully fenced yard to the north side which can be accessed via the garage. The property location has the best of everything; it's situated on a quiet street but has quick access to downtown and the highway. The property is near the Hospital, Airport, Restaurants, a Pharmacy, Schools, parks, community pool, and less than a block away from tennis courts. The access to Amenities and the bus route make this a prime location for any resident. This could be the investment property that you've been looking for, or maybe it's the right balance of unity and privacy that allows you to bring your family members together into one place.
To see for yourself, call an agent RIGHT AWAY to book your personal showing!

STATS from past rents or comparative rent prices:
1 Bed Suite: aprox 670 sq ft, rented for $1050.
Studio Suite: aprox 396 sq ft, rented for $800-850.
Main Floor with Garage: 1404 Sq ft- Could rent for $1250.
Loft area: 478 sq ft - Rented for $450-500 in the past.
Total Potential Rent income: $3600 (Disclaimer: *Past results are not in