$655,000
$680,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
38/40 Sierra DR #38 A&B and 40 A&B Olds, AB T4H 1X2
3 Beds
2 Baths
2,588 SqFt
Key Details
Sold Price $655,000
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,588 sqft
Price per Sqft $253
MLS® Listing ID A2100507
Sold Date 02/06/24
Style Bi-Level,Side by Side
Bedrooms 3
Full Baths 2
Originating Board Calgary
Year Built 2009
Annual Tax Amount $6,742
Tax Year 2023
Lot Size 6,601 Sqft
Acres 0.15
Property Description
*ATTENTION INVESTORS* Seize the opportunity to own a complete 4 plex located in Olds, Alberta, less than an hour from Calgary, today! Each individual unit is a bi-level and boasts 3 bedrooms, two 4 piece bathrooms and over 1250 sq ft of total finished space with two units facing east and two units facing west. The upper levels host a bright kitchen with white cabinets and pantry, dining area, living room, full bath and primary bedroom. The lower levels each offer up a family room, 2 additional good sized bedrooms with large windows, a second full bathroom, in suite laundry and additional storage. Olds is a major agribusiness hub that offers small town charm but with most amenities found in the bigger cities such as Canadian Tire, Walmart, Staples, a state of the art aquatic center hosting year round events plus a well equipped hospital with 24/7 emergency services and so much more. Most importantly though is the Olds College of Agriculture & Technology which enrolls nearly 5500 students per academic year thus demanding good rental properties and driving low vacancies. This property is ideal for all savvy investors looking to maximize positive cash flow as the current rents are well below market value. Don’t miss this fantastic opportunity to own a complete 4 plex in Olds, Alberta and call to book your private viewing today.
Location
Province AB
County Mountain View County
Zoning R3
Direction E
Rooms
Basement Finished, Full
Interior
Interior Features See Remarks
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Linoleum
Appliance Dishwasher, Electric Stove, Gas Water Heater, Microwave Hood Fan, Refrigerator, Washer/Dryer, Window Coverings
Laundry In Basement
Exterior
Garage Off Street, On Street, Stall
Garage Description Off Street, On Street, Stall
Fence None
Community Features None
Roof Type Asphalt Shingle
Porch None
Lot Frontage 59.35
Exposure E
Total Parking Spaces 4
Building
Lot Description Back Lane
Foundation Poured Concrete
Architectural Style Bi-Level, Side by Side
Level or Stories Bi-Level
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 87372160
Ownership Private
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