27
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$699,900
Est. payment /mo
1,994 SqFt
Active
5210 61 AVE Olds, AB T4H 1L3
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Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1994.0
Square Footage 1,994 sqft
Price per Sqft $351
MLS Listing ID A2277039
Style Bi-Level
Year Built 1978
Property Sub-Type 4 plex
Property Description
Cash flowing building in Olds! Great opportunity in a desirable area of Olds with green space in front and behind this 4-plex. Each corner unit offers 2 bedrooms, 1 bathroom, in-suite laundry, balconies, and separate furnaces, hot water tanks and water meters. There are 6 powered parking stalls. All units have undergone upgrades over the years, with major updates in the past decade, including exterior siding, asphalt shingles, eavestroughs, fascia, soffit, wood decks, as well as improvements to bathrooms, flooring, and painting. Photos are from when one unit was vacant - building is fully leased. Olds is home to a hospital, agricultural university, and excellent local services, plus quick access to the Calgary International Airport. One tenant currently has utilities included, while the others pay their own gas, power, water, sewer, and garbage. Looking ahead, the building has the potential to be condo-ized, with units sold off individually. Property is professionally managed. 1 new stove and 1 new dryer were purchased in the last couple of months.
Location
Province AB
Zoning R3
Interior
Inclusions 4 x fridge, 4 x stove, 4 x washer, 4 x dryer
Fireplace No
Exterior
Roof Type Asphalt Shingle
Total Parking Spaces 6
Garage No
Building
Dwelling Type Four Plex
Foundation Poured Concrete
Architectural Style Bi-Level
Others
Restrictions None Known
Listed by Realty Experts Group Ltd