4805 52 Street
Olds, Alberta
MLS® A2356661
$599,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2356661
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1975
1 / 19Listing description
An excellent multi-family investment opportunity awaits with this well-maintained 4-plex, ideally located just minutes from Olds College. The property features four spacious 2-bedroom, 1-bathroom suites, each equipped with its own in-suite washer and dryer. All four units are separately metered for utilities, helping keep operating costs efficient and simplifying property management.
Numerous significant capital improvements have been completed over the years, 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. In addition, the exterior sewer and water service lines connecting the building to the municipal systems have been replaced. Conveniently situated close to Olds College and a variety of local amenities, this income-producing property presents an excellent opportunity for investors looking for a well-maintained building with long-term rental appeal.
Looking to expand your investment portfolio? A second 4-plex located right next door is also available for purchase, offering the opportunity to acquire an even larger multi-family investment. Don't miss out on this fantastic investment opportunity!
Call today for more information.
Property summary
- MLS® number
- A2356661
- Property type
- Multi-family
- Building type
- Multi-Family
- Size
- 1,868 sq ft
- Title
- Freehold
- Built in
- 1975
- Annual property taxes
- $4,492.00
- Parking
- 12 spaces
- Days on market
- 1 day
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.