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Home AB Division No. 6 Olds
5418 and 5422 48 Avenue
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5418 and 5422 48 Avenue $1,478,000
$1,478,000
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5418 and 5422 48 Avenue
Olds, Alberta T4H1G4

MLS® Number: A2268282

Listing 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. (31325507)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Title
Freehold
Land Size
Unknown
Built in
1975
Annual Property Taxes
$7,407
Parking Type
Parking Pad
Time on REALTOR.ca
43 days

Building

Building Features
Foundation Type
Poured Concrete
Heating & Cooling
Heating Type
Forced air, (Natural gas)
Parking
Parking Type
Parking Pad
Total Parking Spaces
9

Measurements

Square Footage
3754 sqft
Total Finished Area
3754 sqft

Land

Other Property Information
Zoning Description
R3
Data provided by: Pillar 9™
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