Property Details

Featured in:

Winners:

Featured in:

Winners:

447 Allowance Avenue SE
Medicine Hat (A2300348)

$499,900
1,435 ft²
Note: This property may have a conditional offer. Talk to us for details.
Loading Listing...

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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!

Property details

Basic Info

MLS® #
A2300348
Property Type:
Multi-Family
Subtype:
4 plex
Subdivision:
River Flats
Price
$499,900
Sale/Lease:
For Sale
Size:
1,435 sq.ft.
Year Built:
1941 (85 years old)

Building Info

Structure Type:
Four Plex
Garage:
Yes
Parking:
Double Garage Detached, Driveway, Garage Faces Side
Fence:
Fenced
Basement:
No
Inclusions:
FRIDGE X4, STOVE X4, WASHER X1, DRYER X1, GARAGE DOOR OPENER

Lot / Land Info

Zoning:
R-LD

Listing Info

Possession:
Negotiable
Days on Market:
14
Related Properties
Share This Listing
Ask About This Property
  • This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

Email