Skylar David- +1(403) 343-3344 reception@coldwellbanker.ca
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,299,000
Est. payment | /mo
1,868 SqFt
$ 1,299,000
Est. payment | /mo
1,868 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,868 sqft
Price per Sqft $695
MLS Listing ID A2331220
Year Built 1975
Lot Size 0.330 Acres
Acres 0.33
Property Sub-Type Multi Family
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.
Location
Province AB
County 0226
Zoning Mixed Use Node (MUN)
Interior
Heating Forced Air, Natural Gas
Inclusions 8 Stoves, 8 Fridges, 8 Washers, 8 Dryers
Fireplace No
Exterior
Roof Type Membrane
Total Parking Spaces 12
Garage No
Building
Dwelling Type Other
Foundation Poured Concrete
Others
Restrictions None Known
Listed by Century 21 Bravo Realty
Nearby Locations