4801,4805 52 ST, Olds, AB T4H 1G2
4801,4805 52 ST, Olds, AB T4H 1G2
4801,4805 52 ST, Olds, AB T4H 1G2
4801,4805 52 ST, Olds, AB T4H 1G2
4801,4805 52 ST, Olds, AB T4H 1G2
4801,4805 52 ST, Olds, AB T4H 1G2
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$ 1,299,000
Est. payment | /mo

1,868 SqFt


Save
$ 1,299,000
Est. payment | /mo
Save

1,868 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,868 sqft

Price per Sqft $695

MLS Listing ID A2331220

Year Built 1975

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Multi Family

Property Description

Exceptional multi-family investment opportunity featuring two adjacent 4-plex buildings 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.

Location

Province AB

County 0226

Zoning Mixed Use Node (MUN)

Interior

Heating Forced Air, Natural Gas

Inclusions 8 Stoves, 8 Fridges, 8 Washers, 8 Dryers

Fireplace No

Exterior

Roof Type Membrane

Total Parking Spaces 12

Garage No

Building

Dwelling Type Other

Foundation Poured Concrete

Others

Restrictions None Known

Listed by Century 21 Bravo Realty

LOCATION AND NEARBY PROPERTIES

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4801,4805 52 ST

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Justin Newman

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

https://cdn.chime.me/image/fs/sitebuild/2022815/3/original_4f84e7d0-9456-495c-a45d-02ade0b6fb37.png

Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.

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