4805 52 Street

About this property

An excellent multi-family investment opportunity awaits with this well-maintained 4-plex, ideally located just minutes from Olds College. The property features four spacious 2-bedroom, 1-bathroom suites, each equipped with its own in-suite washer and dryer. All four units are separately metered for utilities, helping keep operating costs efficient and simplifying property management. Numerous significant capital improvements have been completed over the years, including a Carlisle Sure-Weld 60-mil membrane roofing system, metal-clad mansards (2019), upgraded fibreglass front entry doors, and renovations to the majority of kitchens and bathrooms. In addition, the exterior sewer and water service lines connecting the building to the municipal systems have been replaced. Conveniently situated close to Olds College and a variety of local amenities, this income-producing property presents an excellent opportunity for investors looking for a well-maintained building with long-term rental appeal. Looking to expand your investment portfolio? A second 4-plex located right next door is also available for purchase, offering the opportunity to acquire an even larger multi-family investment. Don't miss out on this fantastic investment opportunity! Call today for more information. (id:65883)

Property summary

Property type

Multi-family

Building type

Multi-Family

Postal code

T4H1G2

Year built

1975

Living area

1868 square feet

Ownership / common interest

Freehold

Heating & cooling

Heating

Cooling

Building & parking

Basement

Foundation

Roof

Construction

Parking

Parking spaces

12

Appliances & services

Appliances

Zoning description

R3

Location