A2251702 - 4809 52 Street , Olds, Alberta T4H 1G2




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CASH FLOWING Pair of 4-Plexes with UNDERVALUED RENTS and ENORMOUS UPSIDE POTENTIAL! Two side by side fourplexes situated just steps from Olds College, an active investment playing field. Each building offers four bi level two bedroom, one bathroom units with independent furnaces and hot water tanks, most of which have been updated within the past five years. This keeps utility costs efficient and places responsibility directly with each tenant. Olds is a small but steadily growing town, nearing 10,000 residents in 2024 with a 3.3% population increase year over year and 6.2% growth over five years. Demand for rentals is strong, with Olds College enrollment climbing more than 31% when combining domestic and international growth. The town’s vacancy rate is just 0.6%, which means consistent tenancy and premium potential with turnover. Each fourplex comes with four dedicated parking stalls and has maintained 100% occupancy for over 15 years. Current rents are below market, offering a rare value add play. Whether you preserve income with existing leases or refresh units to push rents higher, this is a cash cow that can scale. These properties are directly aligned with trending demographics. Olds is projected to keep growing by more than 9% every five years through 2041, and its location within the Calgary to Edmonton Corridor provides long term economic stability and future upside. Please contact directly to book your private viewing today.

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ESSENTIAL
MLS®:A2251702
Price:650,000.00
Type:Multi-Family
Sub Type:4 plex
Style:Attached-Side by Side,Bi-Level
Levels:Bi-Level
Total Sqft:866.62 Sqft.
RestrictionsNone Known
DOM7
INTERIOR SNAPSHOT   
Flooring:Carpet, Laminate, Linoleum
Heating:Forced Air, Natural Gas
Basement:Finished, Full, Suite


COMMUNITY DETAILS
Address:4809 52 Street , Olds, Alberta T4H 1G2
City:Olds
County:Mountain View County
Province:Alberta
Postal Code:T4H 1G2
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1975
Structure Type:Four Plex
Foundation:Poured Concrete
Roof:Flat
Zoning:R3
Construction:Vinyl Siding
Parking Total:4
ROOM DIMENSIONS


Inclusions: Refrigerator (x4), Stove-Electric (X4), washer(X4), dryer(X4), Window Coverings-All
Parking Features: Parking Lot, Stall
Patio And Porch Features: Balcony(s)



Courtesy: Real Broker








Sean Gillis - RE/MAX Grande Prairie

A2251702 4809 52 Street
Agent reviews Cell: 780.897.3520
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Recent Customer Reviews
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It was a great experience to have Sean as our realtors. He moves fast, lots of communication of feedbacks during our showings.
Kassandra Lajeunesse - Buy/Sell

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Sean conducts his business in a transparent and honest way. He is available at any hour of the day. He always has a back up plan ready if the first plan falls through. This foresight / contingency is extremely valuable when working on tight timelines. Would recommend Sean to anyone who is need of Real Estate Agent services.
Riley Arguin - Buy


Olds Housing Trends


Real Estate Listings: 64
Highest Price: $3,900,000.00
Lowest Priced: $117,700.00
Average Price: $601,381.06
Land: 9
September 17th 3:20am

Agent reviews Cell: 780.897.3520

(89 Reviews)
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FAQs about 4809 52 Street , Olds, Alberta, T4H 1G2

4809 52 Street MLS® A2251702 has an approximate size of 867 Sq. Ft. located in Olds.

Nearby secondary schools include Schools & resources

There are 0 bedrooms and 0 bathrooms in this Multi-Family listing at 4809 52 Street , MLS® A2251702.

This Multi-Family is priced at $650,000.

This property is located at 4809 52 Street , Olds, Alberta, T4H 1G2 in the Olds community. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Olds community resources page.