5111 48 Street , Olds

EXCELLENT OPPORTUNITY TO OWN THIS UPDATED AND RENOVATED FOUR PLEX "PRACTICALLY MAINTENANCE FREE" MULTI UNIT 4 PLEX . GREAT ACCESS AND LOCATION IN UPTOWN OLDS. HISTORIC STOREFRONT BUILDING HAS BEEN EXTENSIVELY RENOVATED TO FIRE CODES WITH FIRE RATED DRYWALL, FIRE WALLS, FIRE DOORS AND EMERGENCY LIGHTING, ETC. CURRENTLY OCCUPIED WITH 4 LONG TERM TENANTS. BUILDING HAS THREE, 1 BEDROOM PLUS DEN, BI-LEVEL UNITS, AND ONE 2 BEDROOM UNIT. EACH WITH TWO BATHS. (7 FULL, AND 1 HALF BATH) ENGINEERS REPORT AND FLOORPLANS AVAILABLE. METAL LIFETIME ROOF. STUCCO EXTERIOR. UPDATED 6 INCH SEWER SERVICE. FOUR FURNACES, FOUR ELECTRICAL METERS, STOREFRONT SUITE AIR CONDITIONING, STAMPED COPPER CEILING PANELS, MODERN KITCHENS, QUARTZ COUNTERTOPS. *FRONT UNIT 780SQFT MAIN, 1 BED, TWO HANDI-BATH ROOMS AND FINISHED LOWER STORAGE. **TWO BI-LEVEL SIDE UNITS-EACH T600SQFT, KITCHEN,BEDROOM AND 3PC BATH UP/LIVING ROOM, DEN AND 4PC BATH DOWN. *** REAR BI-LEVEL UNIT T800SQFT, KITCHEN, BEDROOM AND 4PC BATH UP/ LIVING ROOM, FLEX ROOM AND 4PC BATH DOWN. TOTAL 8 BATHROOMS. 3 WASHERS, 3 DRYERS, 5 FRIDGES, 4 STOVES, 1 DISHWASHER. OLDS IS A COLLEGE TOWN WITH LOTS OF DEMAND FOR ACCOMMODATION. GREAT LONG TERM TENANTS WANT TO STAY. MAINTENANCE COSTS ARE MINIMAL WITH ONLY SNOW REMOVAL AND GARBAGE COSTS. DRIVE BY. VIEWING UPON ACCEPTANCE OF OFFER. THANK YOU.

Property Details

Listing Office: RE/MAX COMPLETE REALTY

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