Single Family Home $ 295,000

4314 54 AVE

Olds, AB T4H 1B6

  • 3 Beds
  • 2 Baths
    Full Baths: 2
  • 944 SqFt
  • 7,405 Lot Size
  • 1968 Year Built
Opportunities like this are getting harder to find. A detached home under $300,000 in Olds is one thing,but finding one that has actually been maintained,cleaned up,and had the expensive items already taken care of is another. Owned by the same family for over 20 years,this property shows clear pride of ownership throughout. Major exterior components have already been addressed,including newer soffits,eavestroughs,exterior doors,and extensive fencing,along with the majority of the windows upgraded to vinyl. In a price range where many properties come with deferred maintenance and hidden costs,this one stands out immediately. Sitting on a 7,500+ square foot west-facing lot,the potential outside is just as strong as inside. There is more than enough room to build a full 24x24 garage,or even explore a larger shop-style setup,while still maintaining a functional yard. The mature trees,new fencing,and rear access create a layout that works whether you are thinking long term for personal use or looking to add value over time. Inside,the main floor offers just under 1,000 square feet with three bedrooms,4-Piece bathroom,updated flooring,fresh paint,and a clean,functional layout that is completely livable as-is. Downstairs is where the real upside comes into play. With a separate entrance and a partially finished basement already framed,drywalled,and complete with a full bathroom,the heavy lifting has been started. For buyers looking at rental potential,this layout makes it very feasible to create additional living space and increase overall income,subject to municipal approvals. In a town like Olds where rental demand remains strong,the ability to generate income from both levels at this price point is a rare find. Whether you are looking to live in it and offset your mortgage,hold it as a long-term investment,or continue improving it to maximize resale,this property offers multiple paths to create value. Clean,maintained homes with this kind of flexibility and upside do not come up often in this price range. Opportunities like this don't sit long. Contact directly to book your private viewing.
Listed by Real Broker

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PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Detached

    Listing Status Pending

    Purchase Type For Sale

    Approx. Sqft 944.02

    Square Footage 944 sqft

    Price per Sqft $312

    MLS Listing ID A2285037

    Style Bungalow

    Bedrooms 3

    Full Baths 2

    HOA Y/N No

    Year Built 1968

    Lot Size 7,405 Sqft

    Acres 0.17

    Property Sub-Type Detached

  • Location

    Province AB

    Community None, Park, Playground, Schools Nearby, Sidewalks

    Zoning R2

  • Rooms

    Basement None, Separate/Exterior Entry, Full, Partially Finished

  • Building

    Lot Description Back Lane, Back Yard, Front Yard, Lawn, Level, Low Maintenance Landscape, Private, Rectangular Lot

    Dwelling Type House

    Faces E

    Story One

    Foundation Block

    Architectural Style Bungalow

    Level or Stories One

    New Construction No

  • Interior

    Interior Features Pantry, Separate Entrance, Sump Pump(s), Vinyl Windows

    Heating Forced Air, Natural Gas

    Cooling None

    Flooring Laminate

    Fireplace Yes

    Appliance Dryer, Electric Stove, Microwave Hood Fan, Refrigerator

    Laundry In Unit

  • Exterior

    Exterior Feature Private Yard

    Parking Features Alley Access, Carport, Off Street

    Fence Fenced

    Community Features None, Park, Playground, Schools Nearby, Sidewalks

    Roof Type Asphalt Shingle

    Porch Deck

    Total Parking Spaces 4

    Garage No

  • Others

    Restrictions None Known

    Virtual Tour https://youriguide.com/4314_54_ave_olds_ab/

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