$800,000 FOR SALE

Multiplex Bi-Level

Bedrooms: 6+6Bathrooms: 4Lot: 35.63 x 21.71 m

4302 54 Avenue
Olds, AB T4H 1B5

*** CASH COW - 6.32% CAP RATE *** INCREDILBLE INVESTMENT OPPORTUNITY! This 4 plex has 4 separate units with each having its own furnace (2 are newer), hot water tank, laundry and separately metered. Each unit has 3 bedrooms and 1 full bathroom. Metal roof. Huge corner lot with South back yard and 8 parking stalls! Property rents for $67,200/year. Tenants to be assumed. Vacancy is very low. Huge demand! Tenants pay utilities. (id:47423)

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Listed By RE/MAX Real Estate (Central)
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2197091
Last Updated Feb 28, 2025
Property Summary
Property Type Multiplex

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Price History
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Detailed Information
Bedrooms 6+6
Bathrooms 4
Lot 35.63 x 21.71 m
Amenities Nearby Park, Playground, Schools, Shopping
Features See remarks, Back lane
Listing Contract Date 2025-02-28
Municipal ID 0018675307
Ownership Type Freehold
# of Parking Spaces 8
Plan 7389JK
Property Type Multi-family
Transaction Type For sale
Zoning Description R3
Building
Architectural Style Bi-level
Basement Type See Remarks
Constructed Date 1973
Construction Style (Attachment) Attached
Cooling Type None
Exterior Finish Brick
Flooring Type Carpeted, Linoleum
Foundation Type Poured Concrete
Heating Type Forced air
Total Finished Area 1980 sqft
Rooms
Room Level Dimensions Notes
4pc BathroomLower levelMeasurements not available
Dining roomLower level8.00 Ft x 8.00 Ft
KitchenLower level11.00 Ft x 8.00 Ft
Living roomLower level11.00 Ft x 11.00 Ft
Primary BedroomLower level11.00 Ft x 10.00 Ft
BedroomLower level11.00 Ft x 8.42 Ft
BedroomLower level10.00 Ft x 8.00 Ft
4pc BathroomLower levelMeasurements not available
Living roomLower level11.00 Ft x 11.00 Ft
KitchenLower level11.00 Ft x 8.00 Ft
Dining roomLower level8.00 Ft x 8.00 Ft
Primary BedroomLower level11.00 Ft x 10.00 Ft
BedroomLower level11.00 Ft x 8.42 Ft
BedroomLower level10.00 Ft x 8.00 Ft
4pc BathroomMain levelMeasurements not available
Primary BedroomMain level12.00 Ft x 10.00 Ft
BedroomMain level11.00 Ft x 8.00 Ft
BedroomMain level10.00 Ft x 8.00 Ft
KitchenMain level9.00 Ft x 8.00 Ft
Living roomMain level12.00 Ft x 12.00 Ft
Dining roomMain level8.00 Ft x 8.00 Ft
4pc BathroomMain levelMeasurements not available
Primary BedroomMain level12.00 Ft x 10.00 Ft
BedroomMain level11.00 Ft x 8.00 Ft
BedroomMain level10.00 Ft x 8.00 Ft
KitchenMain level9.00 Ft x 8.00 Ft
Living roomMain level12.00 Ft x 12.00 Ft
Dining roomMain level8.00 Ft x 8.00 Ft
Parking Spaces
Name Spaces
Other
Land
Total Size 773.53 square meters
Amenities Park, Playground, Schools, Shopping
Fence Type Not fenced
Size of Irregular Land 773.53

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