Medicine Hat Real Estate Board

409 4 Street NW, Medicine Hat

$399,900

Property Description

Welcome to this spacious 2,143 SqFt bi-level home located in a quiet Riverside neighbourhood, offering excellent revenue potential with a legal 1 bedroom basement suite and a 4 bedroom main floor suite. Complete with a double attached garage and ample off street parking, this property is ideal for investors or revenue seekers. The main floor features two generous living room areas, including one accented by a cozy gas fireplace. The spacious kitchen is equipped with a centre island, full appliance package, ample cabinetry, and plenty of counter space. This level also offers four good sized bedrooms, a convenient laundry room, and a 4pc bathroom. One bedroom includes its own 2pc ensuite, while the primary bedroom features double closets and a cozy nook area perfect for getting ready, reading, or relaxing. The lower level hosts a bright and spacious legal 1 bedroom suite complete with a walk-in closet, 4pc bathroom, in-suite laundry, and an open concept living room and kitchen area. A bonus three-season room off the main floor leads through sliding patio doors onto the private deck overlooking the yard. At the rear of the property, you’ll find the double attached garage along with a large alley-access driveway, providing plenty of parking for tenants and guests alike. Currently tenant occupied with long term month-to-month agreements in place. The main floor rents for $1,500/month plus 1/2 utilities, while the basement suite rents for $1,300/month plus 1/2 utilities. Tenants would like to stay. A fantastic opportunity to add a strong revenue generating property to your investment portfolio!

2143 sqft 5 3

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Quick Summary

Listing Details
MLS® Number	A2319551
Status	Active
Price	$399,900
Listing Agent	MATT TEEL

Tax Details
Tax Year	2025
Annual Tax Amount	$2910.00

Key Metrics
Year Built	1973
Living Area	2143 sqft
Bedrooms	5
Bathrooms	3
Garage	Yes

Property Features

Inclusions

Fridge x2
stove x2
dishwasher x2
central air conditioning x2
washer x2
dryer x2
window coverings
shed
garage door opener x2 + remote x2.

Interior Features

Ceiling Fan(s)
Kitchen Island
Storage

Parking Features

Double Garage Attached

Room Sizes

Main

Entrance	9`7" x 3`8"
Living Room	17`7" x 16`2"
Dining Room	8`3" x 6`9"
Kitchen	19`9" x 11`3"
Bedroom	12`3" x 10`6"
Bedroom	12`4" x 11`1"
4pc Bathroom	8`11" x 5`2"
Laundry	6`11" x 6`9"
2pc Ensuite bath	5`1" x 4`0"
Bedroom	11`11" x 14`10"
Nook	11`11" x 12`6"
Bedroom	13`1" x 17`1"
Family Room	14`3" x 24`0"
Other	11`9" x 14`2"

Lower

Living Room	20`7" x 11`0"
Bedroom	11`8" x 11`0"
Dining Room	5`5" x 7`7"
Kitchen	11`6" x 10`0"
4pc Bathroom	6`3" x 9`8"
Furnace/Utility Room	9`4" x 6`7"
Walk-In Closet	4`1" x 6`7"
Laundry	14`1" x 6`11"