4801 52 Street
Olds, Alberta
MLS® A2356516
$599,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2356516
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1975
1 / 22Listing description
Exceptional multi-family investment opportunity with this 4-plex building in a prime location, just minutes from Olds College. The building offers four 2-bedroom, 1-bathroom suites, for a total of 4 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, 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 strong long term rental appeal.
A second 4-plex is for sale right beside this building, if you are looking for a larger investment. Call today on this great opportunity!!
Property summary
- MLS® number
- A2356516
- Property type
- Multi-family
- Building type
- Multi-Family
- Size
- 1,872 sq ft
- Title
- Freehold
- Built in
- 1975
- Annual property taxes
- $4,492.00
- Parking
- 12 spaces
- Days on market
- 0 days
What would this home cost you?
Based on the $599,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Bravo Realty, Olds.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.