4801, 4805 52 Street, Olds, Alberta

$1,249,000

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1,868

Square feet

0.33

Acres

About 4801, 4805 52 Street

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:36535)

Features of 4801, 4805 52 Street

Listing # A2331220
Price $1,249,000
Bathrooms 0.00
Square Footage 1,868
Acres 0.33
Year Built 1975
Type Multi-family
Sub-Type Freehold

Community Information

Address 4801, 4805 52 Street
City Olds
Province Alberta
Postal Code T4H1G2

Amenities

Parking Spaces 12
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Fireplace No
Has Basement No

Exterior

Foundation Poured Concrete

Listing Details

OfficeCourtesy Of Century 21 Bravo Realty

Listing Map