Listing Details

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Data was last updated 2025-11-06 at 11:40:05 GMT

5418 and 5422 48 Avenue   Olds, Alberta

$1,478,000
MLS®: A2268282
Fabulous location, walking distance to Olds College!  Well maintained and managed, this property offers 2 - 4 plexes (2 bed, 1 bath units) on one title. Many capital cost expenditures done over the past 20 years: asphalt shingles - 15 years, windows and patio doors - 10 years, approx 6 of the 8 furnaces, hot water tanks as needed, electrical switches and outlets in 7 of the 8 units, decks redone, paint and flooring upgrades between tenancies.  Each building features 2 main floor units, and 2 basement units. Photos are of 2 units when they were vacant, one main floor unit, and one basement unit.  Building is fully occupied. 9 parking stalls, 8 of them energized.  Tenants pay all utilities.  Landlord pays garbage. Room to increase rents as some rents are below current market rates.

Fabulous location, walking distance to Olds College! Well maintained and managed, this property offers 2 - 4 plexes (2 bed, 1 bath units) on one title. Many capital cost expenditures done over the past 20 years: asphalt shingles - 15 years, windows and patio doors - 10 years, approx 6 of the 8 furnaces, hot water tanks as needed, electrical switches and outlets in 7 of the 8 units, decks redone, paint and flooring upgrades between tenancies. Each building features 2 main floor units, and 2 basement units. Photos are of 2 units when they were vacant, one main floor unit, and one basement unit. Building is fully occupied. 9 parking stalls, 8 of them energized. Tenants pay all utilities. Landlord pays garbage. Room to increase rents as some rents are below current market rates.

Listing Information

Prop. Type:
4 plex
Status:
Active
City:
Olds
Neighbourhood:
NONE
Area:
Mountain View County
Province:
Alberta
MLS® Number:
A2268282
Listing Price:
$1,478,000

General Information

Year Built:
1975
Total Square Feet:
3754ft2

Additional Information

Parking:
Parking Pad, Plug-In

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This property is listed by Realty Experts Group Ltd and provided here courtesy of Jim Beatty. For more information or to schedule a viewing please contact Jim Beatty.
Jim Beatty
Remax Landan Real Estate
Phone: 403-607-5801
Mobile Phone: 403-607-5801
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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JIM BEATTY 

RE/MAX Landan Real Estate 
#102, 279 Midpark Way SE
Calgary, Alberta T2X 1M2