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Blog by Shelley Kohut

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5204 & 5202 42 Street, Olds, Alberta

I just finished uploading this Semi Detached (Half Duplex) for sale, 5204 & 5202 42 Street, Olds, Alberta

INVESTOR SPECIAL!! Fully leased full duplex on one title in the College community of Olds! Each side offers a total of 4 bedrooms ( 2up/2down) and 2 full bathrooms. Each unit offers a double detached garage that can be rented separately or with the building with the west side (Unit 5204) having a renovated maple kitchen, upgraded bathtubs, upgraded upper vinyl clad windows through most rooms, furnace and hot water tank replaced in 2008. Unit 5202 has mostly upgraded vinyl clad upper windows and central air! The garage on this side is also insulated and heated with a Sunray gas overhead radiant heater. Fully rented since current owner bought in 2008 with vacancies only during renovations. Each side has a one year lease in place and is currently professionally managed. Large 65' X 100' lot, fully fenced. Each side is separately metered and tenants pay all utilities. Gross monthly income is currently $2900 per month. Increase the net income by self managing!! Don't hesitate to add this income producer to your rental portfolio! Book a viewing today.