Serving Medicine Hat Since 1955

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  • Main Office

  • 403 4th St. SE Medicine Hat

324 3 Avenue SE

Medicine Hat
home Current Listings MLS® A2207237

324 3 Avenue SE, Medicine Hat

$524,900

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.

4 plex 4 Parking
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Quick Summary

MLS® Number A2207237
Status Active
Price $524,900
Listing Agent PATRICE MORRISON
Year Built 1973
Living Area 2442 sqft
Bedrooms
Bathrooms
Garage No

Property Features

Inclusions

  • 4 Fridges
  • 4 Stoves
  • 4 Window/Wall Air Conditioners
  • Washer
  • Dryer
  • Blinds

Parking Features

  • Off Street

Contact Agent

PATRICE MORRISON

Phone:
Email:
Office:

403-866-2022

broker@riverst.ca

RIVER STREET REAL ESTATE


Contact Co-Agent

JAY JOHNSON

Phone:
Email:
Office:

403-977-4828

jayventures1@gmail.com

RIVER STREET REAL ESTATE

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