5418 And 5422 48 Avenue Olds, Alberta T4H 1G4

3,754 ft2
Forced Air

$1,478,000

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 suites, and 2 basement suites. 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. Full package available upon request. Room to increase rents as some rents are below current market rates. (id:57594)

Property Details

MLS® Number A2268282
Property Type Multi-family
Parking Space Total 9
Plan 7510563

Building

Constructed Date 1975
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 3,754 Ft2
Total Finished Area 3754 Sqft
Type Multi-family

Parking

Parking Pad

Land

Acreage No
Size Total Text Unknown
Zoning Description R3

https://www.realtor.ca/real-estate/29057225/5418-and-5422-48-avenue-olds

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