About 4302 54 Avenue
*** CASH COW - 6.32% CAP RATE *** INCREDILBLE INVESTMENT OPPORTUNITY! This 4 plex has 4 separate units with each having its own furnace (2 are newer), hot water tank, laundry and separately metered. Each unit has 3 bedrooms and 1 full bathroom. Metal roof. Huge corner lot with South back yard and 8 parking stalls! Property rents for $67,200/year. Tenants to be assumed. Vacancy is very low. Huge demand! Tenants pay utilities.
Features of 4302 54 Avenue
MLS® # | A2197091 |
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Price | $800,000 |
Bedrooms | 12 |
Bathrooms | 4.00 |
Full Baths | 4 |
Square Footage | 1,980 |
Acres | 0.19 |
Year Built | 1973 |
Type | Residential |
Sub-Type | Duplex |
Style | Bi-Level, Side by Side |
Status | Active |
Community Information
Address | 4302 54 Avenue |
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Subdivision | NONE |
City | Olds |
County | Mountain View County |
Province | Alberta |
Postal Code | T4H 1B5 |
Amenities
Parking Spaces | 8 |
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Parking | Off Street |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | See Remarks |
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Appliances | Other |
Heating | Forced Air |
Cooling | None |
Fireplace | No |
Has Basement | Yes |
Basement | See Remarks |
Exterior
Exterior Features | Balcony, Storage |
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Lot Description | Back Lane, Corner Lot, Rectangular Lot |
Roof | Metal |
Construction | Brick |
Foundation | Poured Concrete |
Additional Information
Date Listed | February 28th, 2025 |
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Zoning | R3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RE/MAX Real Estate (Central) |
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