Olds, AB T4H 1G4,5418 and 5422 48 AVE
Olds, AB T4H 1G4,5418 and 5422 48 AVE
Olds, AB T4H 1G4,5418 and 5422 48 AVE
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$1,478,000
Est. payment /mo
3,754 SqFt
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Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 3754.0

Square Footage 3,754 sqft

Price per Sqft $393

MLS Listing ID A2268282

Year Built 1975

Property Sub-Type 4 plex

Property Description

Fabulous location, walking distance to Olds College! Well maintained and managed, this property offers 2 - 4 plexes (2 bed, 1 bath units) on one title. Many capital cost expenditures done over the past 20 years: asphalt shingles - 15 years, windows and patio doors - 10 years, approx 6 of the 8 furnaces, hot water tanks as needed, electrical switches and outlets in 7 of the 8 units, decks redone, paint and flooring upgrades between tenancies. Each building features 2 main floor suites, and 2 basement suites. Photos are of 2 units when they were vacant, one main floor unit, and one basement unit. Building is fully occupied. 9 parking stalls, 8 of them energized. Tenants pay all utilities. Landlord pays garbage. Full package available upon request. Room to increase rents as some rents are below current market rates.

Location

Province AB

Zoning R3

Interior

Heating Forced Air, Natural Gas

Inclusions 8 fridges, 8 stoves, 8 washers, 8 dryers, shed

Fireplace No

Exterior

Parking Features Parking Pad, Plug-In

Roof Type Asphalt Shingle

Total Parking Spaces 9

Garage No

Building

Dwelling Type Four Plex

Foundation Poured Concrete

Others

Restrictions None Known


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Listed by Realty Experts Group Ltd
Michele Gale
Michele Gale

Agent | License ID: 523120

+1(403) 863-7532 | mgale@redlinerealestate.ca

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