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$369,900
Alberta,Medicine Hat
For Sale Active
201 5 Street SE, Medicine Hat, Alberta T1A0M5
  • 5
  • 3
  • 1,157 Sqft
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Basic Details
Description

A rare investment opportunity delivering an excellent return with a cap rate just over 8%. This versatile property features two separate homes on a generous 75 x 130 lot, each individually fenced and offering off-street parking.The main residence is a brick home offering 1,157 sq ft of living space with 4 bedrooms and 2 bathrooms. The fully self-contained secondary bachelor

suite adds charm with a cozy cottage feel and includes its own kitchen, 4-piece bath, and convenient stacking laundry.Zoned for medium density, this property offers strong future potential while generating immediate income with long-term tenants already in place. Ideally located within walking distance to schools, downtown restaurants and shopping, walking paths, and parks—an unbeatable combination of location, income, and upside. (id:64429)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: A2285332
  • Price: $369,900
  • Bedrooms: 5
  • Bathrooms: 3
  • Square Footage: 1,157 Sqft
  • Year Built: 1947
  • Status: Active
  • Office Name: RIVER STREET REAL ESTATE
  • Property Sub Type: Single Family
  • Office Key: 295873
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Fence: Fence
  • Parking: Other
  • Architectural Style: Bungalow
  • Exterior Features: Brick
  • Flooring: Laminate, Linoleum, Carpeted
Address Map
  • Location: CA, Alberta, Medicine Hat, SE Hill, T1A0M5
  • Street: 5
  • Street Number: 201
  • Street Suffix: Street
  • Longitude: W111° 19' 3.5''
  • Latitude: N50° 2' 6.3''
  • Street Dir Suffix: Southeast
Additional Information
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 9750.00
  • Stories: 1.0
Financial
  • Tax Annual Amount: 2965
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Listing updated: 2026-02-23 02:00:58
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Listing Information
  • List Agent Key: 1592270
  • List Office Key: 295873
  • Modification Timestamp: 2026-02-10T22:10:35Z
  • Originating System Name: Medicine Hat Real Estate Board Co-op
  • Status Change Timestamp: 2026-02-10T21:54:28Z
Powered by REALTOR.ca
Listing updated: 2026-02-23 02:00:58
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