Year Built: 2013
Area: 2418 sqft
Bedrooms: 8
Bathrooms: 4
Car Parking: 4
4425 55 Avenue Olds, Alberta T4H 1B9
$825,000
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:51913)
Property Details
| Amenities Near By : Park, Playground, Schools, Shopping |
| Features : Back Lane, Pvc Window, Level |
| Parking Space Total : 4 |
| Plan : 9160ge |
| Structure : None |
| MLS® Number : A2317777 |
| Property Type : Multi-family |
Building
| Bathroom Total : 4 |
| Bedrooms Above Ground : 4 |
| Bedrooms Below Ground : 4 |
| Bedrooms Total : 8 |
| Appliances : Refrigerator, Range - Electric, Dishwasher, Microwave Range Hood Combo, See Remarks |
| Architectural Style : Bungalow |
| Basement Development : Finished |
| Basement Type : Full (finished) |
| Constructed Date : 2013 |
| Construction Material : Wood Frame |
| Construction Style Attachment : Attached |
| Cooling Type : None |
| Exterior Finish : Vinyl Siding |
| Flooring Type : Carpeted, Linoleum |
| Foundation Type : Poured Concrete |
| Heating Type : Forced Air |
| Stories Total : 1 |
| Size Interior : 2418 Sqft |
| Total Finished Area : 2418 Sqft |
Land
| Size Total : 712.88 M2|7,251 - 10,889 Sqft |
| Size Total Text : 712.88 M2|7,251 - 10,889 Sqft |
| Size Frontage : 17.72 M |
| Acreage : No |
| Land Amenities : Park, Playground, Schools, Shopping |
| Fence Type : Fence |
| Landscape Features : Lawn |
| Size Depth : 40.23 M |
| Size Irregular : 712.88 |
| Zoning Description : R2 |
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Basement | 4pc Bathroom | 4.92 Ft x 9.50 Ft |
| Basement | Bedroom | 12.25 Ft x 12.58 Ft |
| Basement | Bedroom | 16.50 Ft x 11.33 Ft |
| Basement | Recreational, Games Room | 20.08 Ft x 19.08 Ft |
| Basement | Furnace | 7.00 Ft x 11.92 Ft |
| Basement | Other | 6.92 Ft x 7.00 Ft |
| Basement | Bedroom | 12.25 Ft x 12.58 Ft |
| Basement | Bedroom | 16.50 Ft x 11.33 Ft |
| Basement | Recreational, Games Room | 20.08 Ft x 19.08 Ft |
| Basement | Furnace | 7.00 Ft x 11.92 Ft |
| Basement | Other | 6.92 Ft x 7.00 Ft |
| Main Level | 4pc Bathroom | 9.17 Ft x 5.08 Ft |
| Main Level | Bedroom | 13.50 Ft x 11.17 Ft |
| Main Level | Dining Room | 13.92 Ft x 14.67 Ft |
| Main Level | Kitchen | 7.00 Ft x 18.67 Ft |
| Main Level | Living Room | 13.92 Ft x 13.92 Ft |
| Main Level | Primary Bedroom | 13.50 Ft x 12.17 Ft |
| Main Level | 4pc Bathroom | 9.17 Ft x 5.08 Ft |
| Main Level | Bedroom | 13.50 Ft x 11.17 Ft |
| Main Level | Dining Room | 13.92 Ft x 13.92 Ft |
| Main Level | Kitchen | 7.00 Ft x 18.67 Ft |
| Main Level | Living Room | 13.92 Ft x 13.92 Ft |
| Main Level | Primary Bedroom | 13.50 Ft x 12.17 Ft |
| Main Level | 4pc Bathroom | 4.92 Ft x 9.50 Ft |
Map
Agents and Offices
- Tyson Schmidt
- Office: RE/MAX House Of Real Estate
