4425 55 Avenue, Olds, AB T4H1B9
4425 55 Avenue, Olds, AB T4H1B9
4425 55 Avenue, Olds, AB T4H1B9
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Prab Bhangal

Prab Bhangal

+1(403) 466-0888
$825,000
Est. payment /mo
8 Beds
4 Baths
2,418 SqFt
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Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2418

Square Footage 2,418 sqft

Price per Sqft $341

MLS® Listing ID A2317777

Style Bungalow

Bedrooms 8

Year Built 2013

Lot Size 7,673 Sqft

Acres 0.17615649

Property Sub-Type Freehold

Property Description

Rare full duplex opportunity in the heart of Olds! Whether you're an investor seeking a strong addition to your portfolio or a savvy buyer looking to live in one side while generating income from the other, this fully developed side-by-side duplex delivers exceptional versatility, strong rental appeal, and long-term value. Located in the heart of town, this property is just minutes from Olds College, schools, shopping, restaurants, parks, and healthcare services. With consistent demand for quality rental housing and limited availability of newer multi-family properties in the area, opportunities like this are increasingly difficult to find. Built in 2013 and exceptionally well maintained, this property shows clear pride of ownership throughout. Situated on a spacious 7,000+ sq. ft. lot, each unit offers over 1,200 sq. ft. on the main floor plus a fully developed basement with 9-foot ceilings, creating bright, functional, and highly desirable living spaces. Each side features a total of 4 bedrooms and 2 full bathrooms, providing strong accommodation for families, students, or long-term tenants. The combination of modern construction, generous square footage, and well-kept condition makes this a truly turnkey investment. One side is currently rented while the other is vacant, offering immediate flexibility to place a tenant at current market rates or move in and let the other unit help offset ownership costs. Whether your goal is generating reliable cash flow, building long-term equity, reducing your monthly carrying costs through rental income, or expanding your real estate portfolio, this full duplex offers the flexibility, scale, and income potential to help you get there. Don't miss your chance to secure a high-quality, well-maintained revenue property. (id:24570)

Location

Province AB

Rooms

Kitchen 1.0

Extra Room 1 Basement 4.92 Ft x 9.50 Ft 4pc Bathroom

Extra Room 2 Basement 12.25 Ft x 12.58 Ft Bedroom

Extra Room 3 Basement 16.50 Ft x 11.33 Ft Bedroom

Extra Room 4 Basement 20.08 Ft x 19.08 Ft Recreational, Games room

Extra Room 5 Basement 7.00 Ft x 11.92 Ft Furnace

Extra Room 6 Basement 6.92 Ft x 7.00 Ft Other

Interior

Heating Forced air

Cooling None

Flooring Carpeted, Linoleum

Exterior

Parking Features No

Fence Fence

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Lot Description Lawn

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Prab Bhangal

Prab Bhangal

Real Estate Strategist

+1(403) 466-0888

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4425 55 Avenue