For Sale

4609, 52 Street, Alberta, Olds

6 Beds 4 Bath 1326 Sqft

$499,000

About Property

TURNKEY HIGH-YIELD INVESTMENT | LEGAL SUITE | FULLY TENANTED TO 2027 | PRIME LOCATION. Rare opportunity to acquire a proven income-producing asset in one of Olds' most sought-after rental locations. Directly across from Olds College, this fully leased property offers the ideal combination of strong cash flow, stable tenancy, and long-term appreciation potential, making it a standout addition to any real estate portfolio. Positioned on a massive 10,000+ sq. ft. corner lot, this extensively updated bungalow features 6 bedrooms, 4 full bathrooms, a LEGAL secondary suite, and an oversized double detached garage, creating multiple income streams and broad tenant appeal. Even better, tenants are already in place with leases secured through March 2027, providing investors with immediate revenue and eliminating costly vacancy risk from day one. The bright and modern upper level showcases updated vinyl plank flooring, large sun-filled windows, and a beautifully renovated kitchen complete with quartz countertops, contemporary cabinetry, a large island, and abundant storage. The main level offers 3 spacious bedrooms, 2 full bathrooms, and in-suite laundry, creating an attractive rental product for quality tenants. The fully legal lower suite features its own private entrance, a spacious living area anchored by a charming brick fireplace, large windows, an updated kitchen, newer flooring throughout, 3 additional bedrooms, 2 full bathrooms, and separate laundry, maximizing rental flexibility and income potential. Outside, the impressive corner lot provides exceptional curb appeal, plenty of green space, deck, patio, ample parking, and a substantial 33' x 23' oversized double garage, a highly desirable feature for tenants and future owners alike. Recent upgrades including paint, flooring, kitchens, fixtures, and finishes make this a true turnkey investment with strong tenant retention appeal.

6 Bedrooms
4 Bathrooms
1326 sq ft
Garage
SingleFamilyResidence
Built 1963
Active
1 Floor
Interior Details
  • Open Floorplan
  • See Remarks
  • Separate Entrance
  • Storage
  • Vinyl Windows
Outdoor Details
  • Balcony
  • Other
  • Private Entrance
  • Private Yard
MLS Number
245830595
Price
$499,000

Bedrooms
6
Bathroom
4

Square Footage
1326 sq ft
Property Type
RES

Community Name
Features
Forced Air,Natural Gas, In Unit,Lower Level,Main Level,Multiple Locations

Parking Space Total
Lot Size
Bathroom Total
4
Bedrooms Total
6

Appliances
Stone,Stucco,Wood Frame
Cooling Type
None

Constructed Date
1963
Heating Type
Forced Air,Natural Gas

Pool
Exterior Finish
Bungalow

Fireplace Present
No
Fireplace Total
0

Flooring Type
Tile,Vinyl Plank
Foundation Type
Poured Concrete

Half Bath Total
0
Stories Total
1

Size Interior
1326
Total Finished Area
1326
Spaces

Details
Additional Parking,Double Garage Detached,Drive Through,Driveway,Garage Door Opener,Oversized
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

Similar Property in Olds
For Sale
MLS# 246159631
For Sale
MLS# 245981366
For Sale
MLS# 245936309
For Sale
MLS# 245774329
For Sale
MLS# 245734259
For Sale
MLS# 245659774
For Sale
MLS# 245648127
For Sale
MLS# 245615134
For Sale
MLS# 245454813
For Sale
MLS# 245341265
For Sale
MLS# 245232735
For Sale
MLS# 245232734
For Sale
MLS# 245225927
For Sale
MLS# 245224764

Are You Already Working With Us?

Please submit your email address to get the latest updates

[X]
Do you have questions?
Call or text today, we are here to help!

403.470.3527