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5111 48 Street Olds, Alberta T4H 1H3

1787 sqft
Bi-Level Central Air Conditioning Forced Air

$649,000

EXCELLENT OPPORTUNITY TO OWN THIS UPDATED AND RENOVATED FOUR PLEX "PRACTICALLY MAINTENANCE FREE" MULTI UNIT 4 PLEX . GREAT ACCESS AND LOCATION IN UPTOWN OLDS. HISTORIC STOREFRONT BUILDING HAS BEEN EXTENSIVELY RENOVATED TO FIRE CODES WITH FIRE RATED DRYWALL, FIRE WALLS, FIRE DOORS AND EMERGENCY LIGHTING, ETC. CURRENTLY OCCUPIED WITH 4 LONG TERM TENANTS. BUILDING HAS THREE, 1 BEDROOM PLUS DEN, BI-LEVEL UNITS, AND ONE 2 BEDROOM UNIT. EACH WITH TWO BATHS. (7 FULL, AND 1 HALF BATH) ENGINEERS REPORT AND FLOORPLANS AVAILABLE. METAL LIFETIME ROOF. STUCCO EXTERIOR. UPDATED 6 INCH SEWER SERVICE. FOUR FURNACES, FOUR ELECTRICAL METERS, STOREFRONT SUITE AIR CONDITIONING, STAMPED COPPER CEILING PANELS, MODERN KITCHENS, QUARTZ COUNTERTOPS. *FRONT UNIT 780SQFT MAIN, 1 BED, TWO HANDI-BATH ROOMS AND FINISHED LOWER STORAGE. **TWO BI-LEVEL SIDE UNITS-EACH T600SQFT, KITCHEN,BEDROOM AND 3PC BATH UP/LIVING ROOM, DEN AND 4PC BATH DOWN. *** REAR BI-LEVEL UNIT T800SQFT, KITCHEN, BEDROOM AND 4PC BATH UP/ LIVING ROOM, FLEX ROOM AND 4PC BATH DOWN. TOTAL 8 BATHROOMS. 3 WASHERS, 3 DRYERS, 5 FRIDGES, 4 STOVES, 1 DISHWASHER. OLDS IS A COLLEGE TOWN WITH LOTS OF DEMAND FOR ACCOMMODATION. GREAT LONG TERM TENANTS WANT TO STAY. MAINTENANCE COSTS ARE MINIMAL WITH ONLY SNOW REMOVAL AND GARBAGE COSTS. CONTACT TO BOOK YOUR TOUR AND PURCHASE. (id:44923)

Property Details

MLS® Number A1180981
Property Type Multi-family
Parking Space Total 8
Plan 0310360

Building

Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer
Architectural Style Bi-level
Basement Development Finished
Basement Type Full (finished)
Constructed Date 2010
Construction Material Poured Concrete
Cooling Type Central Air Conditioning
Exterior Finish Concrete
Fire Protection Smoke Detectors
Flooring Type Carpeted, Ceramic Tile, Other
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1787 Sqft
Total Finished Area 1787 Sqft
Type Multi-family

Parking

Other
Street
Parking Pad

Land

Acreage No
Size Total Text Unknown
Zoning Description C1

https://www.realtor.ca/real-estate/24025453/5111-48-street-olds

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