5418 And 5422 48 Avenue Olds, Alberta T4H 1G4
$1,478,000
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. (id:49203)
Property Details
| MLS® Number | A2268282 |
| Property Type | Multi-family |
| Parking Space Total | 9 |
| Plan | 7510563 |
Building
| Constructed Date | 1975 |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3,754 Ft2 |
| Total Finished Area | 3754 Sqft |
| Type | Multi-family |
Parking
| Parking Pad |
Land
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/29057225/5418-and-5422-48-avenue-olds
Contact Us
Contact us for more information
Andrea Warkentin
Associate
256 Barrett Drive
Red Deer, Alberta T4R 1J4
(403) 505-7653
(403) 986-4382
www.realtyexpertsgroup.com/
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February 27 2026 10:27:02
Central Alberta REALTORS® Association
Realty Experts Group Ltd