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:51989)
Features of 5418 And 5422 48 Avenue
- MLS® Number A2268282
- Price $1,478,000
- Square Footage: 3754 sqft
- Property Type: Multi-Family
- Parking Space Total 9
- Plan 7510563
Buildings
| Constructed Date | 1975 | Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas | Heating Type | Forced Air |
| Size Interior | 3754 Sqft | Total Finished Area | 3754 Sqft |
| Type | Multi-family |
Parking
| Parking Pad |
Land
| Acreage | No | Size Total Text | Unknown |
| Zoning Description | R3 |
Agents and Offices
- Andrea Warkentin
- Office: Realty Experts Group Ltd