Property description for 662/664 1 Street Sw, Medicine Hat, AB T1A 3Z4

Excellent investment opportunity in the heart of Medicine Hat’s Harlow neighbourhood! This well-maintained side-by-side duplex offers immediate revenue with long-term tenants already in place, making it an ideal addition to any investment portfolio. With separate utilities paid by the tenants and a current gross rental income of $2,200 per month, this is a fantastic opportunity for both seasoned investors and those looking to enter the rental market. It also offers excellent flexibility for buyers wanting to live in one unit while generating income from the other.Situated on a generous 50’ x 127’ lot, the property features two well-designed units. Unit 644 offers a spacious 2+2 bedroom layout with 2 full bathrooms, while Unit 662 features 2+1 bedrooms and 1 full bathroom. A new furnace was installed in Unit 662 in 2024, and the property also benefits from updated shingles completed in 2019 providing added peace of mind for years to come.The detached garage (measurments are 12.4ft x 26.3ft) offers valuable storage space or the potential to generate additional rental income. Conveniently located in the established Harlow neighbourhood, close to schools, parks, shopping, and everyday amenities, this property is well-positioned for long-term investment success.Whether you’re looking to expand your investment portfolio or searching for the perfect live-up/rent-down opportunity, this duplex offers an excellent combination of cash flow, flexibility, and future potential. (id:38686)

QUICK OVERVIEW

Built in 1973
$241 / Sq Ft
4 parking spaces
Forced air
4 Days on website
0.15 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

ADDITIONAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Devon Felesky

Listing Office RE/MAX Medalta Real Estate, 403-529-9393

Updated Tuesday, July 21, 2026 at 3:35:06 PM

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NEIGHBOURHOOD

About the River Heights Harlow Neighbourhood

River Heights Harlow offre une combinaison d'atmosphères calmes et énergiques. Le quartier n'est pas connu pour son ambiance dynamique, toutefois avec ses quelques quelques lieux dédiés à la vie nocturne, il est relativement facile de trouver un endroit où prendre un verre parce que ceux-ci sont généralement à distance de marche. En même temps, la majorité des emplacements de cette partie de la ville sont très silencieux, étant donné que les rues sont habituellement très paisibles et.

Learn more about River Heights Harlow

Car friendly

Accès exceptionnel à des voies rapides et/ou des artères majeures, avec un risque quasi nul de problèmes de stationnement

Quiet

Très peu de sources de bruit à proximité

High Schools

Au moins une école secondaire à moins de 15 minutes à pied

Elementary Schools

Au moins une école primaire à moins de 15 minutes à pied

Daycares

Au moins une garderie à quelques minutes à pied

CLIMATE RISK FOR T1A 3Z4

FINANCING

10 Tips for Getting the Best Mortgage Rate in Canada

Mortgage Payments for 662/664 1 Street Sw, Medicine Hat, AB T1A 3Z4

$1,993

Monthly

Estimated Payment

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662/664 1 STREET SW, MEDICINE HAT, AB T1A 3Z4