1,868 sqft
Forced Air
$1,299,000
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. (id:63476)
Property Details
|
MLS® Number |
A2331220 |
|
Property Type |
Multi-family |
|
Parking Space Total |
12 |
|
Plan |
7510542 |
|
Total Buildings |
2 |
Building
|
Constructed Date |
1975 |
|
Foundation Type |
Poured Concrete |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Size Exterior |
1868 Sqft |
|
Size Interior |
1,868 Sqft |
|
Total Finished Area |
1868 Sqft |
|
Type |
Multi-family |
Land
|
Acreage |
No |
|
Size Total Text |
Unknown |
|
Zoning Description |
Mixed Use Node (mun) |