4801, 4805 52 Street, Mountain View County, Alberta T4H 1G2

$1,299,000

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List Price
$1,299,000
Status
ACTIVE
MLS® #
A2331220
Days on Market
3
Year Built
1975
Area
Olds

Property Description

Exceptional multi-family investment opportunity featuring two adjacent 4-plex buildings 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.

Additional Information

Heating
Forced Air, Natural Gas
Roof
Membrane
Parking Spaces
12
Acres
0.33

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Calculator source: Real Geeks

Courtesy of Century 21 Bravo Realty.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .