Property Details
4801, 4805 52 Street
Olds (A2331220)
Description
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.
Property details
- MLS® #
- A2331220
- Property Type:
- Commercial
- Subtype:
- Multi Family
- Subdivision:
- NONE
- Price
- $1,249,000
- Sale/Lease:
- For Sale
- Size:
- 1,868 sq.ft.
- Year Built:
- 1975 (51 years old)
- Structure Type:
- Other
- Garage:
- No
- Fence:
- Basement:
- No
- Inclusions:
- 8 Stoves, 8 Fridges, 8 Washers, 8 Dryers
- Lot Size:
- 0 acres
- Zoning:
- Mixed Use Node (MUN)
- Roof:
- Membrane
- Foundation:
- Poured Concrete
- Heating:
- Forced Air, Natural Gas
- Possession:
- 30 Days / Neg
- Days on Market:
- 67
Basic Info
Building Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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