4302 54 Avenue, Olds, Alberta

$800,000

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About 4302 54 Avenue

*** 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.

Features of 4302 54 Avenue

MLS® # A2197122
Price $800,000
Bathrooms 0.00
Acres 0.00
Year Built 1973
Type Commercial
Sub-Type Multi Family
Status Active

Community Information

Address 4302 54 Avenue
Subdivision NONE
City Olds
County Mountain View County
Province Alberta
Postal Code T4H 1B5

Amenities

Parking Spaces 8
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No
Has Basement No

Exterior

Roof Metal
Construction Brick, Vinyl Siding
Foundation Poured Concrete

Additional Information

Date Listed February 28th, 2025
Days on Market 3
Zoning R3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Real Estate (Central)

Listing Map