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$480,000
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106 3 St Se, Medicine Hat, AB

Real Estate

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2143 sqft
Garage Yes
Taxes $3,046
Lot Size 
Approx. Age 1912
Avg. Price Per Sqft $223
MLS® Number A2220558

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 and surrounded by some of the most charming and affluent homes in the city — and yes, it's just a short walk to SWIRLS, the best ice cream around! With 3, 150 sqft of TOTAL living space the property features THREE self-contained SUITES, each about 1, 000 sqft and an 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. This suite includes its OWN washer and dryer. 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. The units had 0% vacancy and the tenant in Suite#3 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 suit, 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!Show Description
MLS® NumberA2220558
Laundry Level
Central VacNo
FireplaceNo
Acreage0.15
ExteriorPrivate Entrance, Private Yard
GarageYes
Approx. Age1912
BasementFinished, Full
DrivewayAlley Access, Garage Faces Rear, Gravel Driveway, Parking Pad, Single Garage Detached
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air
Heating Fuel

Extras

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