5037 48 Street Olds, Alberta T4H 1H3

$950,000

Tremendous investment opportunity. This is your opportunity to buy one or two very well maintained fourplexes. This 2011 built fourplex is a great investment opportunity as it can be bought individually or as a pair with 5033 48th Street (MLS#A2078185) Each unit in the highly desirable fourplex has 1027 SQFT of living space and features 2 bedrooms, Laundry and 1.5 baths. The 527 SQFT of living space on the main floor features a Kitchen, Dining Room, Living Room, powder room and laundry. The lower level features two large bedrooms and a four piece bath. The master bedroom features a walk in closet. The property has lots of parking and has zero scape landscaping which minimizes owner and tenant maintenance requirements. This very desirable fourplex is fully rented at rates well under market rent. Two units are on month to month leases which gives investors the opportunity to raise rents to market rates and really capitalize on the investment. The two other units are rented on fixed term leases that Expire in January and May 2024. Don’t delay, this is a must see property and the opportunity won’t last long. (id:49663)

Property Details

Building

Land

https://www.realtor.ca/real-estate/26011801/5037-48-street-olds