Prime Investment Opportunity: High-Exposure Rental Property with Tax Exemption! This beautifully renovated property offers an exceptional investment opportunity in a high-traffic downtown location, perfect for visibility and future growth. Currently generating $2,000/month in rent, the tenant — a long-term non-profit organization — is eager to continue their lease, ensuring a reliable, consistent income. As a non-profit tenant, they benefit from tax exemption, providing potential financial advantages for the savvy investor. The property has been recently updated with fresh paint, a brand-new furnace, and an upgraded electrical distribution board, guaranteeing low maintenance for years to come. With its prime location, renovated condition, and stable cash flow, this is a turnkey investment with tremendous potential. Contact us today to seize this high-return opportunit (id:42336)
MLS® Number | E4437229 |
Property Type | Retail |
Neigbourhood | Morinville |
Constructed Date | 1940 |
Size Interior | 2024 Sqft |
Acreage | No |
https://www.realtor.ca/real-estate/28331159/10130-100-av-morinville-morinville
Contact us for more information
Zafar A. Malik
Associate