$425,000

This beautiful 1912 CHARACTER home offers a rare opportunity for investors or anyone dreaming of running a home-based business in a GREAT location—just steps from Medicine Hat’s downtown core. Enjoy the best views in Medicine Hat from the upper suite’s WRAP-AROUND balcony, overlooking the SCENIC river valley. Located just minutes from cafés, restaurants, shops, and businesses downtown, this property is uniquely elevated on a hill overlooking the river valley and Finley Bridge. With 3,150 sqft of TOTAL living space the property features THREE self-contained SUITES, each about 1,000 sqft and with own private entrance. SUITE #1 (Upper Floor): 1,108 sq. ft. - 2 bedrooms and a LOFT that could be a bedroom or an office, 1 bathroom, and a stunning wrap-around balcony. SUITE #2 (Main Floor): 1,035 sqft renovated in 2024 - 2 bedrooms, 1 bathroom, with lots of natural light and own place for a washer and dryer in the bathroom. SUITE #3 (Basement): is spacious with 1,000 sqft, kitchen, dining room, 1 bedroom, 1 bathroom and is rented for $800 and has been there for the past 7 years.ADDITIONAL HIGHLIGHTS: Utilities are shared, currently washer and dryer are SHARED with the suite #2 and #3 while the upper unit #1 has its own. Utility bills are available to serious buyers, and the average for all was $511/ month in 2024. The property has been well maintained and the last owner has done extensive repairs - Electrical was completely replaced in 2022 with Jim's Electric and 3 separate panels are installed in each suite with 200 amps. Insulation on the main and sound proof bar was added to insure the noise reduction. The property offers 7 parking spaces-two on east side and 5 at the back, making it ideal for clients or business traffic, and a single car GARAGE in the back. Shingles are about 7 years old. HWT is 2015. RECENT UPGRADES: main floor completely renovated 2024, a new 200-amp electrical panel, full electrical system update and 3 separate electrical panels at each s uit, new insulation on the main floor, soundproofing in the main floor ceiling, roughed-in and a laundry plumbing on the main level.This is a unique and versatile property—perfect for investors, entrepreneurs, or anyone seeking a blend of character, location, and opportunity. Call your REALTOR® for a private tour! (id:64343)

Property Details

MLS® Number	A2309408
Property Type	Multi-family
Community Name	SE Hill
Amenities Near By	Park, Shopping
Features	Wood Windows, No Animal Home
Parking Space Total	8
Plan	61685
Total Buildings	1

Building

Appliances	Washer, Refrigerator, Stove, Dryer, Microwave, Washer/dryer Stack-up
Basement Development	Finished
Basement Type	Full (finished)
Constructed Date	1912
Construction Style Attachment	Attached
Cooling Type	Central Air Conditioning
Exterior Finish	Brick, Wood Siding
Fire Protection	Smoke Detectors
Fireplace Present	Yes
Fireplace Total	2
Flooring Type	Hardwood, Tile, Vinyl
Foundation Type	Poured Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	2,144 Ft2
Total Finished Area	2144 Sqft
Type	Multi-family
Utility Water	Municipal Water

Parking

Gravel
Parking Pad
Detached Garage	1

Land

Acreage	No
Fence Type	Not Fenced
Land Amenities	Park, Shopping
Sewer	Municipal Sewage System
Size Depth	12.19 M
Size Frontage	4.57 M
Size Irregular	6508.00
Size Total	6508 Sqft|4,051 - 7,250 Sqft
Size Total Text	6508 Sqft|4,051 - 7,250 Sqft
Zoning Description	R-md

https://www.realtor.ca/real-estate/29722097/106-3-street-se-medicine-hat-se-hill