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$ 1,478,000
Est. payment /mo
Pending
5418 and 5422 48 AVE Olds, AB T4H 1G4
3,754 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Pending
Purchase Type For Sale
Approx. Sqft 3754.0
Square Footage 3,754 sqft
Price per Sqft $393
MLS Listing ID A2268282
Year Built 1975
Property Sub-Type 4 plex
Property 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.
Location
Province AB
Zoning R3
Interior
Heating Forced Air, Natural Gas
Inclusions 8 fridges, 8 stoves, 8 washers, 8 dryers, shed
Fireplace No
Exterior
Parking Features Parking Pad, Plug-In
Roof Type Asphalt Shingle
Total Parking Spaces 9
Garage No
Building
Dwelling Type Four Plex
Foundation Poured Concrete
Others
Restrictions None Known
Listed by Realty Experts Group Ltd