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® # | A2198234 |
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Price | $800,000 |
Bathrooms | 0.00 |
Square Footage | 1,980 |
Acres | 0.19 |
Year Built | 1973 |
Type | Multi-Family |
Sub-Type | 4 plex |
Style | Side by Side, Bi-Level |
Status | Active |
Community Information
Address | 4302 54 Avenue |
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Subdivision | NONE |
City | Olds |
County | Mountain View County |
Province | Alberta |
Postal Code | T4H 1B5 |
Amenities
Parking Spaces | 8 |
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Parking | Off Street |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | See Remarks |
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Appliances | Other |
Heating | Forced Air |
Fireplace | No |
Has Basement | No |
Exterior
Lot Description | Back Lane, Corner Lot, Cul-De-Sac, Rectangular Lot |
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Roof | Metal |
Construction | Brick, Vinyl Siding |
Foundation | Poured Concrete |
Additional Information
Date Listed | February 28th, 2025 |
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Days on Market | 3 |
Zoning | R3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RE/MAX Real Estate (Central) |
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