Olds, AB T4H 1A9,5120 42 ST
Olds, AB T4H 1A9,5120 42 ST
Olds, AB T4H 1A9,5120 42 ST
33
$470,000
$475,000
1.1%
Est.Price: ?

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4 BD
2 BA
1,638 SqFt

5120 42 ST Olds, AB T4H 1A9

Est. payment /mo
SOLD DATE : 11/13/2023

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Key Details

Sold Price $470,000

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,638 sqft

Price per Sqft $286

MLS® Listing ID A2049930

Sold Date 11/13/23

Style Bi-Level,Up/Down

Bedrooms 4

Full Baths 2

Originating Board Calgary

Year Built 2001

Annual Tax Amount $3,509

Tax Year 2022

Lot Size 5,118 Sqft

Acres 0.12

Lot Dimensions 51.18x100

Property Description

Short Term Leases in Effect, Ideal if you wish to take possession of the top or bottom, or rewrite the leases for long term if your looking for a great investment opportunity in Olds Alberta which caters to the local College residential needs! Fully leased up/down duplex with one of the most attractive floorplans offered. Custom built Brinkler home is a step above your usual idea of a duplex!!! Unit A (upper) is stunning with its birch engineered hardwood floors, feature stone fireplace and open concept kitchen, dining and living area. Lots of storage with a massive walk in pantry! Vaulted ceilings, 2 bedrooms and unique 2pc privacy bathroom with cheater door to an amazing 5 pc full bath with a jetted tub and double shower heads and his and her sinks you will also enjoy. There is a dedicated home office/den with built in desk, cabinets and lots of natural window lighting. Large great room over the garage is ideal for movie nights or keeping the kids out of your hair! The tenant in this unit also benefits from a full rear deck and attached double garage, drywalled and insulated. This suite rents for $1800 and the tenant pays their utilities. Unit B (lower duplex) is a very pleasant 2 bedroom bi-level lower legal suite with full sunshine windows with a full bath, separate walk out entrance and they currently enjoy the use of the rear yard and off street parking. This suite rents for $1100/ month and the tenant pays their own utilities. Each unit is serviced with their own laundry rooms. This very attractive duplex would also be perfect for someone wanting a show stopper home with a mortgage helper or cash flow opportunity from the lower suite. Additional extras include newer 2 year old shingles on the house, and new hot water tank in the lower legal suite and 3 yr old washing machine upstairs. The current owner has always been responsive and caring towards his tenants and has addressed any tenant concern or request for repair immediately! You will be getting an extremely well maintained property and there is even an extra INVESTOR BONUS! SELLER WILL PROVIDE A $5,000 CASH BACK PAINT ALLOWANCE ON CLOSE OF SALE!! The seller uses a professional management company, but you can always increase your net profits by self managing! Immediate possession is available with assumption of tenancies, Tenants rights apply! Immediate income! Don't hesitate to add this one of a kind property to your investment portfolio, Book a viewing today!

Location

Province AB

County Mountain View County

Zoning R2

Direction S

Rooms

Basement Separate/Exterior Entry, Finished, Full

Interior

Interior Features No Smoking Home

Heating Forced Air, Natural Gas

Cooling None

Flooring Ceramic Tile, Hardwood

Fireplaces Number 1

Fireplaces Type Gas

Appliance Dishwasher, Electric Stove, Refrigerator, Washer/Dryer

Laundry Main Level

Exterior

Parking Features Double Garage Attached

Garage Spaces 4.0

Garage Description Double Garage Attached

Fence Fenced

Community Features Park, Playground, Pool, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch None

Lot Frontage 51.18

Exposure S

Total Parking Spaces 4

Building

Lot Description Back Lane, Front Yard, Lawn, Street Lighting, Rectangular Lot

Foundation Poured Concrete

Architectural Style Bi-Level, Up/Down

Level or Stories Bi-Level

Structure Type Concrete

Others

Restrictions None Known

Tax ID 56869562

Ownership Private

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Listed by RE/MAX ACA REALTY

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agent

Ryan Parry

eXpert Advisor - Realtor | License ID: 00015043

+1(403) 316-0573

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