4425 55 Avenue, Olds, Alberta T4H 1B9

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$825,000

Highlights

$825,000

Price

8

Beds

4

Baths

2418 sqft

Lot

For sale

Status

A2317777

MLS® ID

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:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2317777
    • Price $825,000
    • Bedrooms: 8
    • Bathrooms: 4
    • Square Footage: 2418 sqft
    • Amenities Near By Park, Playground, Schools, Shopping
    • Features Back Lane, Pvc Window, Level
    • Parking Space Total 4
    • Plan 9160ge
    • Structure None

    Buildings

    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

    Parking

    Other

    Land

    Acreage No Fence Type Fence
    Land Amenities Park, Playground, Schools, Shopping Landscape Features Lawn
    Size Depth 40.23 M Size Frontage 17.72 M
    Size Irregular 712.88 Size Total 712.88 M2|7,251 - 10,889 Sqft
    Size Total Text 712.88 M2|7,251 - 10,889 Sqft 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

    Agents and Offices

    • Tyson Schmidt
    • Office: RE/MAX House Of Real Estate

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