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$599,900

4805 52 Street

Olds, Alberta

— bed·— bath·Row/Townhouse·MLS® A2356661·Listed today

About this home

An excellent multi-family investment opportunity awaits with this well-maintained 4-plex, ideally located just minutes from Olds College. The property features four spacious 2-bedroom, 1-bathroom suites, each equipped with its own in-suite washer and dryer. All four units are separately metered for utilities, helping keep operating costs efficient and simplifying property management. Numerous significant capital improvements have been completed over the years, 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. In addition, the exterior sewer and water service lines connecting the building to the municipal systems have been replaced. Conveniently situated close to Olds College and a variety of local amenities, this income-producing property presents an excellent opportunity for investors looking for a well-maintained building with long-term rental appeal. Looking to expand your investment portfolio? A second 4-plex located right next door is also available for purchase, offering the opportunity to acquire an even larger multi-family investment. Don't miss out on this fantastic investment opportunity! Call today for more information. (id:66681)

Property details

Year built
1975
Property type
Residential
Parking
12 spaces
Zoning
R3
MLS®
A2356661
Days on market
0

Location

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Listing information last updated 17h 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.

Down payment

$119,980 (20%)

Base loan amount$479,920

$2,927 / month

First payment: $2,171 interest, $756 principal