5418 and 5422 48 Avenue Active

Olds,AB T4H1G4

$ 1478000

- Bed

- Bath

3754 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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