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. (id:13843)
Details
| MLS # | A2331220 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1975 |
| Days On Site | 91 |
| Listing Provided By | Century 21 Bravo Realty | Dave Hogarth |
Features
| SQ Feet | 1,868 |
|---|---|
| Building(s) | 2 |
| Zoning | Mixed Use Node (MUN) |
| Acreage | 0.33 |
Interior
| Heating | Forced air, Natural gas |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Poured Concrete |
|---|
Parking
| Parking Total | 12 |
|---|
Taxes
| Tax Annual Amount | 8984 |
|---|---|
| Tax Block | 13 |
| Tax Lot | 12 |
| Tax Year | 2026 |
Area Information
| Province | AB |
|---|---|
| City | Olds |
| Postal Code | T4H1G2 |
| Listing VS Median (in T4H1G2) | |
Price: $1,225,000 low | high Med: $812,500 sqft: 1,868 low | high Med: 1,450 $ / sqft: $656 low | high Med: $522 On site: 91 low | high Med: 67.5 | |
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Learn More About This Property
| Province | AB |
|---|---|
| City | Olds |
| Postal Code | T4H1G2 |
| Listing VS Median (in T4H1G2) | |
Price: $1,225,000 low | high Med: $812,500 sqft: 1,868 low | high Med: 1,450 $ / sqft: $656 low | high Med: $522 On site: 91 low | high Med: 67.5 | |