22
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$1,249,000
Est. payment /mo
1,868 SqFt
Price Dropped by $50K
4801, 4805 52 Street Olds, AB T4H1G2
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1868
Square Footage 1,868 sqft
Price per Sqft $668
MLS® Listing ID A2331220
Year Built 1975
Lot Size 0.328 Acres
Acres 14288.0
Property Sub-Type Freehold
Property Description
Exceptional multi-family investment opportunity featuring two adjacent 4-plex buildings with seperate Titles in a prime location, just minutes from Olds College. Each building offers four 2-bedroom, 1-bathroom suites, for a total of eight rental units, all complete with in suite washer and dryer. Each suite is separately metered for utilities, providing efficient operating costs and ease of management. Numerous capital improvements have been completed, including a Carlisle Sure-Weld 60 mil membrane roofing system, metal-clad mansards (2019), upgraded fibreglass front entry doors, replacement of all furnaces and renovations to the majority of kitchens and bathrooms. Exterior sewer and water service lines between the buildings and municipal connections have also been replaced. Ideally situated close to Olds College and local amenities, this well maintained income producing property offers investors a turnkey opportunity with quality upgrades already in place and strong long term rental appeal. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 12
Garage No
Private Pool No
Others
Ownership Freehold
Listed by Century 21 Bravo Realty
Nearby Locations
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