$599,900
4801 52 Street
Olds, Alberta
About this home
Exceptional multi-family investment opportunity with this 4-plex building in a prime location, just minutes from Olds College. The building offers four 2-bedroom, 1-bathroom suites, for a total of 4 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, 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 strong long term rental appeal. A second 4-plex is for sale right beside this building, if you are looking for a larger investment. Call today on this great opportunity!! (id:66681)
Property details
- Year built
- 1975
- Property type
- Residential
- Parking
- 12 spaces
- Zoning
- R3
- MLS®
- A2356516
- Days on market
- 0
Location
Listing information last updated 21h ago. Provided by the listing brokerage via CREA’s DDF®, deemed reliable but not guaranteed accurate.
Mortgage estimate
Estimate only. Actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.
$119,980 (20%)
$2,927 / month
First payment: $2,171 interest, $756 principal