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Royal LePage
Royal LePage
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$1,478,000

Olds AB, T4H 1G4

MLS® # A2268282

Property Information:

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.

Inclusions: 8 fridges, 8 stoves, 8 washers, 8 dryers, shed

Building Features:

  • Total Finished Area: 3754.00

Property Features:

  • Built in: 1975
  • Floor Space (approx): 3754.00 Square Feet
  • Foundation Details: Poured Concrete
  • Heating: Forced Air, Natural Gas
  • Parking Features: Parking Pad, Plug-In
  • Roof: Asphalt Shingle
  • Zoning: R3
  • No. of Parking Spaces: 9

Courtesy of: Realty Experts Group Ltd

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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⚠ Potential Investment Performance

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Location of 5418 and 5422 48 Avenue, Olds, AB, T4H 1G4

Demographic Information of 5418 and 5422 48 Avenue, Olds, AB, T4H 1G4

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$96,324.27

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.46 %

High school certificate or equivalent

36.03 %

Apprenticeship trade certificate/diploma

7.64 %

College/non-university certificate

30.85 %

University certificate (below bachelor)

0.54 %

University Degree

7.47 %

Commuter

Travel To Work

By Car

84.73 %

By Public Transit

0.0 %

By Walking

8.58 %

By Bicycle

0.0 %

By Other Methods

6.69 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.41 %

Houses

68.59 %

Own Vs. Rent

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