Property Details

5418 and 5422 48 Avenue
Olds (A2268282)

$1,478,000
3,754 ft²
Note: This property may have a conditional offer. Talk to us for details.
Loading Listing...

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Fabulous location, walking distance to Olds College! Well maintained and managed, this property offers 2 - 4 plexes (2 bed, 1 bath units) on one title. Many capital cost expenditures done over the past 20 years: asphalt shingles - 15 years, windows and patio doors - 10 years, approx 6 of the 8 furnaces, hot water tanks as needed, electrical switches and outlets in 7 of the 8 units, decks redone, paint and flooring upgrades between tenancies. Each building features 2 main floor units, and 2 basement units. Photos are of 2 units when they were vacant, one main floor unit, and one basement unit. Building is fully occupied. 9 parking stalls, 8 of them energized. Tenants pay all utilities. Landlord pays garbage. Room to increase rents as some rents are below current market rates.

Property details

Basic Info

MLS® #
A2268282
Property Type:
Multi-Family
Subtype:
4 plex
Subdivision:
NONE
Price
$1,478,000
Sale/Lease:
For Sale
Size:
3,754 sq.ft.
Year Built:
1975 (50 years old)

Building Info

Structure Type:
Four Plex
Garage:
No
Parking:
Parking Pad, Plug-In
Fence:
Basement:
No
Inclusions:
8 fridges, 8 stoves, 8 washers, 8 dryers, shed

Lot / Land Info

Zoning:
R3

Materials & Systems

Roof:
Asphalt Shingle
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas

Listing Info

Possession:
Negotiable
Days on Market:
5
Your Agent
  • Donna Wilson

    Sutton Group - Grande Prairie Professionals
    780-228-2224

    Email

    Ask a question
    Share This Listing
    Related Properties
    Categories