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5210 61 Avenue

Olds T4H 1L3

MLS® Number:  A2249896

Back to Olds   

  • Home \
  • Olds \
  • 5210 61 Avenue

$ 775,000

0

BEDROOMS

0 + 0

BATHROOMS

1,994

SQUARE FEET

1978

YEAR BUILT

https://www.cirrealty.ca/reb/cara/6/A2249896_2.jpg

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MLS® Number
A2249896
PROPERTY TYPE
4 plex
LISTING DATE
August-20-2025

Investor Alert! Great opportunity in a desirable area of Olds with green space in front and behind this 4-plex. Each corner unit offers 2 bedrooms, 1 bathroom, in-suite laundry, balconies, and separate furnaces and hot water tanks. There are 6 powered parking stalls. All units have undergone upgrades over the years, with major updates in the past decade, including exterior siding, asphalt shingles, eavestroughs, fascia, soffit, wood decks, as well as improvements to bathrooms, flooring, and painting. The unit shown in the photos was rented as of September 5, and another tenant will be moving out at the end of October, providing an opportunity for a fresh lease-up or further renovations. Olds is home to a hospital, agricultural university, and excellent local services, plus quick access to the Calgary International Airport. One tenant currently has utilities included, while the others pay their own gas, power, water, sewer, and garbage. Looking ahead, the building has the potential to be condo-ized, with units sold off individually.

COMMUNITY 
PROPERTY TYPE  4 plex
BUILDING TYPE  Four Plex
STYLE  N/A
YEAR BUILT 1978
SQUARE FOOTAGE  1,994
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING 
FIREPLACE  N/A
FLOORING 
HEATING 
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  None Known
ROOF 
TITLE  Fee Simple
BROKER  Realty Experts Group Ltd

 

 

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.