5210 61 Avenue, Olds, Alberta T4H1L3

5210 61 Avenue
1 / 27

Cash flowing building in Olds! Great opportunity in a desirable area of Olds with green space in front and behind this 4-plex. Each corner unit offers 2 bedrooms, 1 bathroom, in-suite laundry, balconies, and separate furnaces, hot water tanks and water meters. There are 6 powered parking stalls. All units have undergone upgrades over the years, with major updates in the past decade, including exterior siding, asphalt shingles, eavestroughs, fascia, soffit, wood decks, as well as improvements to bathrooms, flooring, and painting. Photos are from when one unit was vacant - building is fully leased. Olds is home to a hospital, agricultural university, and excellent local services, plus quick access to the Calgary International Airport. One tenant currently has utilities included, while the others pay their own gas, power, water, sewer, and garbage. Looking ahead, the building has the potential to be condo-ized, with units sold off individually. Property is professionally managed. 1 new stove and 1 new dryer were purchased in the last couple of months.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

Living Area1994 sqft

Building & Exterior

Architectural StyleBi-level
Exterior FeaturesBrick, Vinyl siding
Foundation DetailsPoured Concrete
Year Built1978

Land & Location

Parcel Number0001761706

Listing & Financials

Listing OfficeRealty Experts Group Ltd
Originating System NameCentral Alberta REALTORS® Association

Other Specifications

Common InterestFreehold
CountryCanada
Parking Total6

For Sale

$699,900

5210 61 Avenue, Olds, Alberta T4H1L3

Beds

-

Baths

-

Living Area

1,994 sqft

Lot Size

-

Property Type

Multi-Family

Year Built

1978

Listing IDA2277039

Location & Map

Similar Homes You May Like

5210 61 Avenue, Olds | $699,900 | Lify.ca