About 38 A&b And 40 A&b, 38/40 Sierra Drive
*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.
Features of 38 A&b And 40 A&b, 38/40 Sierra Drive
MLS® # | A2100507 |
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Price | $680,000 |
Sold Price | $655,000 |
Bedrooms | 3 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 2,589 |
Acres | 0.15 |
Year Built | 2009 |
Type | Residential |
Sub-Type | Duplex |
Style | Bi-Level, Side by Side |
Status | Sold |
Community Information
Address | 38 A&b And 40 A&b, 38/40 Sierra Drive |
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Subdivision | NONE |
City | Olds |
County | Mountain View County |
Province | Alberta |
Postal Code | T4H 1X2 |
Amenities
Parking Spaces | 4 |
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Parking | Off Street, On Street, Stall |
Is Waterfront | No |
Interior
Interior Features | See Remarks |
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Appliances | Dishwasher, Electric Stove, Gas Water Heater, Microwave Hood Fan, Refrigerator, Washer/Dryer, Window Coverings |
Heating | Forced Air, Natural Gas |
Cooling | None |
Fireplace | No |
Has Basement | Yes |
Basement | Finished, Full |
Exterior
Exterior Features | None |
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Lot Description | Back Lane |
Roof | Asphalt Shingle |
Construction | Vinyl Siding, Wood Frame |
Foundation | Poured Concrete |
Additional Information
Date Listed | January 11th, 2024 |
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Date Sold | February 6th, 2024 |
Days on Market | 26 |
Zoning | R3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |
Listing Details
Office | Real Broker |
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