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5120 42 Street, Olds, AB T4H1A9

$485,0004Beds 2Baths 1,638Sqft

Property Overview

  • Detached Home Type
  • House Building Type
  • 5227 Sqft Lot Size
  • NoneCommunity
  • 4 Beds
  • 2 Full Baths
  • 0 Half Baths
  • 4 Parking Space(s)
  • 2001 Year Built
  • Property Taxes
  • 1193 days Days on Market
  • A2049930 MLS® #
  • $296 Price / Sqft
  • R2 Land Use
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Sale Analysis

Auto-generated

This 4-bedroom, 2-bathroom house in None is listed at $485,000.

How does the asking price of $485,000 compare with similar homes nearby?

Based on 69 comparable sales, the asking price of $485,000 is approximately 12% above the $432,000 benchmark. The asking price is also within the recent comparable sale range of $185,000 to $620,000, based on 69 sales.

How does time on market compare with similar homes?

This listing has been on the market for 1192 days, longer than the 37 days comparable average.

What does this mean for the local market?

Comparable sales in None averaged 97.8% of list price, or 2.2% below list.

What kind of home is this?

This house in None was built in 2001.

What features stand out inside the home?

The home includes tile flooring and hardwood flooring.

What should I know about the basement and mechanical systems?

The home has a full basement and one fireplace.

This analysis is automatically generated using available sales and market data. It may contain errors and should not be relied on as financial or legal advice.

Description

INVESTOR ALERT!! Fully leased up/down duplex with one of the most attractive floorplans offered. Custom built Brinkler home is a step above your usual idea of a duplex!!! Unit A (upper) is stunning with its birch engineered hardwood floors, feature stone fireplace and open concept kitchen, dining and living area. Lots of storage with a massive walk in pantry! Vaulted ceilings, 2 bedrooms and unique 2pc privacy bathroom with cheater door to an amazing 5 pc full bath with a jetted tub and double shower heads and his and her sinks you will also enjoy. There is a dedicated home office/den with built in desk, cabinets and lots of natural window lighting. Large great room over the garage is ideal for movie nights or keeping the kids out of your hair! The tenant in this unit also benefits from a full rear deck and attached double garage, drywalled and insulated. This suite rents for $1550 and the tenant pays their utilities. Unit B (lower duplex) is a very pleasant 2 bedroom bi-level lower suite with full sunshine windows with a full bath, separate walk out entrance and they currently enjoy the use of the rear yard and off street parking. This suite rents for $950/ month and the tenant pays their own utilities. Each unit is serviced with their own laundry rooms. This very attractive duplex would also be perfect for someone wanting a show stopper home with a mortgage helper or cash flow opportunity from the lower suite. Additional extras include newer 2 year old shingles on the house, and new hot water tank in the lower suite and 3 yr old washing machine upstairs. The current owner has always been responsive and caring towards his tenants and has addressed any tenant concern or request for repair immediately! You will be getting an extremely well maintained property and there is even an extra INVESTOR BONUS! SELLER WILL PROVIDE A $5,000 CASH BACK PAINT ALLOWANCE ON CLOSE OF SALE!! The seller uses a professional management company, but you can always increase your net profits by self managing! Immediate possession is available with assumption of tenancies, Tenants rights apply! Immediate income! Don't hesitate to add this one of a kind property to your investment portfolio, Book a viewing today!

Interior Details

Ceramic Tile, Hardwood
1
Full
Dishwasher

Exterior Details

Concrete
See Home Description
See Home Description

More Information

Property

Park, Playground, Pool, Shopping Nearby, Sidewalks, Street Lights

Parking

Yes
4
Double Garage Attached

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