4302 54 AVE new

Olds,AB T4H 1B5

$ 800000

12 Beds

4 Baths

1980 SqFt


Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,980 sqft

Price per Sqft $404

MLS Listing ID A2197091

Style Attached-Side by Side,Bi-Level

Bedrooms 12

Full Baths 4

Year Built 1973

Lot Size 8,326 Sqft

Acres 0.19

Property Sub-Type Full Duplex

Property Description

*** 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.

Location

Province AB

County Mountain View County

Zoning R3

Direction S

Rooms

Basement See Remarks

Interior

Interior Features See Remarks

Heating Forced Air

Cooling None

Flooring Carpet,Linoleum

Inclusions 4 REFRIGERATORS, 4 STOVES, 4 WASHERS, 4 DRYERS, STORAGE SHED,

Appliance Other

Laundry In Unit

Exterior

Exterior Feature Balcony,Storage

Parking Features Off Street

Fence None

Community Features Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights

Roof Type Metal

Porch Balcony(s)

Lot Frontage 116.9

Total Parking Spaces 8

Building

Lot Description Back Lane,Corner Lot,Rectangular Lot

Dwelling Type Duplex

Foundation Poured Concrete

Architectural Style Attached-Side by Side,Bi-Level

Level or Stories Bi-Level

Structure Type Brick

Others

Restrictions None Known

Tax ID 93057456

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