4805 52 Street Olds, Alberta T4H 1G2

1,868 sqft

$599,900

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:52806)

Property Details

MLS® Number A2356661
Property Type Multi-family
Parking Space Total 12
Plan 7510542

Building

Constructed Date 1975
Size Interior 1,868 Sqft
Total Finished Area 1868 Sqft
Type Multi-family

Land

Acreage No
Size Total Text Unknown
Zoning Description R3

https://www.realtor.ca/real-estate/30484182/4805-52-street-olds

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