Olds, AB T4H1G4,5418 and 5422 48 Avenue
Olds, AB T4H1G4,5418 and 5422 48 Avenue
Olds, AB T4H1G4,5418 and 5422 48 Avenue
Olds, AB T4H1G4,5418 and 5422 48 Avenue
Olds, AB T4H1G4,5418 and 5422 48 Avenue
Olds, AB T4H1G4,5418 and 5422 48 Avenue
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$ 1,478,000
Est. payment | /mo

3,754 SqFt


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$ 1,478,000
Est. payment | /mo
Save

3,754 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,754 sqft

Price per Sqft $393

MLS® Listing ID A2268282

Year Built 1975

Property Sub-Type Freehold

Source Central Alberta REALTORS® Association

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 units, and 2 basement units. 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. Room to increase rents as some rents are below current market rates. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 9

Private Pool No

Others

Ownership Freehold

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5418 and 5422 48 Avenue