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