An excellent multi-family investment opportunity awaits with this well-maintained 4-plex, ideally located just minutes from Olds College. The property features four spacious 2-bedroom, 1-bathroom suites, each equipped with its own in-suite washer and dryer. All four units are separately metered for utilities, helping keep operating costs efficient and simplifying property management. Numerous significant capital improvements have been completed over the years, including a Carlisle Sure-Weld 60-mil membrane roofing system, metal-clad mansards (2019), upgraded fibreglass front entry doors, and renovations to the majority of kitchens and bathrooms. In addition, the exterior sewer and water service lines connecting the building to the municipal systems have been replaced. Conveniently situated close to Olds College and a variety of local amenities, this income-producing property presents an excellent opportunity for investors looking for a well-maintained building with long-term rental appeal. Looking to expand your investment portfolio? A second 4-plex located right next door is also available for purchase, offering the opportunity to acquire an even larger multi-family investment. Don't miss out on this fantastic investment opportunity! Call today for more information.
Essential information
MLS® number
A2356661
Status
Active
Price
$599,900
Property type
Multi-Family
Type
4 plex
Transaction
For Sale
Restrictions
None Known
Living area
1,868 sq ft
Year built
1975
Structure
Four Plex
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
R3
Parking
Total parking
12
Community
City
Olds
Province
AB
Postal code
T4H 1G2
Where it is
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Approximate location, plotted from the listing’s own coordinates.
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28 photos$499,000108 Railway Avenue North, Morrin
