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447 Allowance AVE SE Medicine Hat, AB T1A3E1
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Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,435 sqft
Price per Sqft $351
Subdivision River Flats
MLS® Listing ID A2300348
Sold Date 05/05/26
Year Built 1941
Annual Tax Amount $5,106
Tax Year 2025
Property Sub-Type 4 plex
Source Medicine Hat
Property Description
Welcome to 447 Allowance Ave SE, a solid four-plex in Medicine Hat's River Flats offering an excellent opportunity for investors looking for strong rental potential.
This property features four self-contained units, including two spacious 2-bedroom, 1-bath suites and two comfortable 1-bedroom, 1-bath plus den suites, appealing to a wide range of tenants. Several units have been updated with modern flooring and fresh paint, creating clean and inviting living spaces.
The property also includes a detached garage/workshop, ideal for additional storage, maintenance space, or potential extra rental value (currently rented). Tenants will appreciate the four off-street parking stalls, a valuable feature in this central location. The fully fenced yard adds additional functionality, making it practical for tenant enjoyment, security, and defined outdoor space.
Situated in the River Flats, residents enjoy convenient access to downtown amenities, parks, walking trails, and transit, making it an attractive rental location.
Whether you're expanding your portfolio or looking for a solid multi-family investment, 447 Allowance Ave SE is a property worth exploring. Call your REALTOR® to book a private viewing!
Location
Province AB
County Medicine Hat
Zoning R-LD
Exterior
Parking Features Double Garage Detached, Driveway, Garage Faces Side
Garage Spaces 1.0
Fence Fenced
Lot Frontage 50.0
Total Parking Spaces 5
Garage 1
Others
Restrictions None Known
Tax ID 102705680
Ownership Joint Venture
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