JN REAL ESTATE GROUP

NONE

FOR SALE

$1,249,000

PURCHASE PRICE

4801, 4805 52 Street , Olds · T4H 1G2

MULTI FAMILY · BUILT 1975

MLS A2331220 · 23 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

Exceptional multi-family investment opportunity featuring two adjacent 4-plex buildings with seperate Titles in a prime location, just minutes from Olds College. Each building offers four 2-bedroom, 1-bathroom suites, for a total of eight 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, replacement of all furnaces 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 quality upgrades already in place and strong long term rental appeal.

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Multi Family
YEAR BUILT
1975
ROOF
Membrane
FOUNDATION
Poured Concrete

PARKING

TOTAL PARKING
12

LOT & EXTERIOR

LOT SIZE (SQFT)
14,288
LOT SIZE (ACRES)
0.33

COMMUNITY

COMMUNITY
NONE
ZONING
Mixed Use Node (MUN)
POSTAL CODE
T4H 1G2

UTILITIES & COSTS

HEATING
Forced Air · Natural Gas
ANNUAL TAXES
$8,984

LISTING COURTESY OF DAVE HOGARTH · CENTURY 21 BRAVO REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.