Medicine Hat, AB T1A 5N8,324 3 AVE SE
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Medicine Hat, AB T1A 5N8,324 3 AVE SE
Medicine Hat, AB T1A 5N8,324 3 AVE SE
Medicine Hat, AB T1A 5N8,324 3 AVE SE
Medicine Hat, AB T1A 5N8,324 3 AVE SE

$507,000

Est. payment /mo

$524,900

3.4%
Est.Price: ?

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324 3 AVE SE Medicine Hat, AB T1A 5N8

2,442 SqFt

SOLD DATE : 04/18/2025

Key Details

Sold Price $507,000

Property Type Multi-Family

Sub Type 4 plex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,442 sqft

Price per Sqft $207

Subdivision Se Hill

MLS® Listing ID A2207237

Sold Date 04/18/25

Originating Board Medicine Hat

Year Built 1973

Annual Tax Amount $4,583

Tax Year 2024

Property Sub-Type 4 plex

Property Description

Ideal Investment Opportunity – 4-Plex on the SE Hill! This solid brick 4-plex is an exceptional investment opportunity located in the highly desirable SE Hill area. Featuring four spacious 2-bedroom, 1-bath units, this property offers an excellent combination of potential rental income and long-term value. Each unit is bright and well-maintained, with several updates that make this an attractive choice for tenants. Approximately 90% of the windows have been replaced with newer PVC, ensuring improved energy efficiency and natural light throughout. Some units feature newer vinyl flooring, fresh paint, upgraded carpets, modern countertops, and stylish tiled showers. These thoughtful updates create a comfortable living environment that will appeal to a wide range of tenants. The building itself is a solid brick structure with a roof that's about 7-8 years old, and the water heater was replaced in 2019. Each unit is equipped with a 60-amp electrical service, and tenants enjoy easy access to public transit, shopping, schools, and downtown—making this location highly attractive for renters. With its strong location, recent upgrades, and potential for steady rental income, this 4-plex is a prime addition to any investment portfolio. Whether you're an experienced investor or just getting started, this property offers both short-term income and long-term appreciation potential.

Location

State AB

County Medicine Hat

Zoning R-MD

Interior

Heating Boiler

Cooling Wall/Window Unit(s)

Exterior

Parking Features Off Street

Garage Description Off Street

Total Parking Spaces 4

Others

Restrictions None Known

Tax ID 91471779

Ownership Private

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Listed by RIVER STREET REAL ESTATE

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agent
Meghan Handby

Agent

+1(403) 818-9544 | meghansellsyyc@gmail.com

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