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4906 52 Avenue , Olds, AB

$267,000

Residential · MLS® A2286356
1Bedrooms
1Bathrooms
847.87Sq Ft
3Garage
1950Year Built
02 / Overview

PROPERTY OVERVIEW

Opportunity awaits on this large lot with excellent redevelopment potential. The home previously experienced a fire and has since been professionally cleared, cleaned, and brought down to the framing stage, providing a blank canvas for renovation or a fresh start for a new build. With convenient side alley and rear alley access, the property offers flexibility for future development, including the potential for investment-style housing or additional parking options. Whether you’re a builder, investor, or buyer looking to create a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area847.87 sq ft
Lot Size10,800 sq ft
ZoningR2
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorNone
BasementCrawl Space
Year Built1950
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$296After mortgage & expenses
Cap Rate5.8%Based on market rents
Cash on Cash Return6.7%With 20% down payment
Est. Monthly Rent$1,534Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Melissa Hammer · Century 21 Bravo Realty