$800,000 FOR SALE

Multiplex Bi-Level

Lot: 35.39 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 A2198234
Last Updated Feb 28, 2025
Property Summary
Property Type Multiplex

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Price History
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Detailed Information
Lot 35.39 x 21.71 m
Amenities Nearby Park, Playground, Schools, Shopping
Features Cul-de-sac, 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
Total Buildings 1
Zoning Description R3
Building
Architectural Style Bi-level
Constructed Date 1973
Exterior Finish Brick, Vinyl siding
Flooring Type Carpeted, Linoleum
Foundation Type Poured Concrete
Heating Type Forced air
Total Finished Area 1980 sqft
Type Multi-Family
Parking Spaces
Name Spaces
Other
Land
Total Size 8326 square feet
Amenities Park, Playground, Schools, Shopping
Fence Type Not fenced
Size of Irregular Land 8326.00

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