MULTI-FAMILY PROPERTY IN OLDS, ALBERTA: A GREAT INVESTMENT OPPORTUNITY
Asking Price: $1,500,000
About 5314 46 Avenue:
Welcome to this fantastic multi-family property located in Olds, Alberta, Canada. This property is a great investment opportunity for those looking to expand their real estate portfolio. The building is a multi-family unit that features 12 units, making it an ideal investment for those looking to generate rental income.
Built in 1994, this property has been well-maintained and features a total square footage of 12,600 sqft. The land size is 17,887.5 sqft, which is equivalent to 10,890 - 21,799 sqft (1/4 - 1/2 ac). The exterior of the building is finished in concrete and vinyl siding, giving it a modern and sleek appearance.
One of the key features of this property is its location. It is situated in a desirable area of Olds, surrounded by many amenities and conveniences. The property is located close to schools, parks, and shopping centers, making it an ideal location for families and individuals alike.
The property features 12 units, each with its own unique layout and design. The units range in size from one to three bedrooms, making them ideal for families of all sizes. The interior of each unit is well-appointed with high-quality finishes and modern appliances, ensuring that tenants will feel comfortable and at home.
The building is also equipped with a number of features that ensure the safety and security of tenants. These features include smoke detectors and a fire protection system, providing peace of mind for tenants and landlords alike.
In terms of parking, the property features a total of 22 parking spaces. This ensures that tenants have ample space to park their vehicles, making it a convenient and desirable place to live.
The building is constructed using poured concrete and wood frame, ensuring its durability and longevity. Its foundation is also made of poured concrete, providing a solid base for the building. The heating and cooling system is powered by natural gas and features in-floor heating and forced air, ensuring that tenants are comfortable year-round.
The exterior of the building is well-maintained and features a frontage of 33.53 m and a land depth of 53.34 m. This provides ample space for tenants to enjoy the outdoors, whether it be for relaxation or recreation.
This property is zoned as R3, providing a range of possibilities for future development. It is an ideal investment opportunity for those looking to expand their real estate portfolio in a desirable and sought-after location.
Annual property taxes for this property are $14,041.38 CAD, making it an affordable investment option for those looking to generate rental income.
In conclusion, this multi-family property located in Olds, Alberta, Canada is a fantastic investment opportunity for those looking to expand their real estate portfolio. Its desirable location, well-appointed units, and range of features make it an attractive option for tenants, ensuring a strong rental income for landlords. Don't miss out on the opportunity to own this fantastic property.
This property also matches your preferences:
Features of Property
Multi-family
Multi-Family
12600 sqft
17887.5 sqft|10,890 - 21,799 sqft (1/4 - 1/2 ac)
1994
$14,041.38 (CAD)
22
This property might also be to your liking:
Features of Building
Back lane
Poured Concrete
Poured concrete, Wood frame
Smoke Detectors
12600 sqft
12600 sqft
1
Other, Forced air, (Natural gas), In Floor Heating
Concrete, Vinyl siding
12600 sqft
22
Plot Details
33.53 m
53.34 m
R3
Property Agents
A.J. Barkman
RE/MAX ACA REALTY
BAY A1, 5018-57 AVENUE, OLDS, Alberta T4H1J1
Barry McCurdy
RE/MAX ACA REALTY
BAY A1, 5018-57 AVENUE, OLDS, Alberta T4H1J1