5079/5075 47 Av Lamont, Alberta T0B 2R0
$399,900
The perfect Investment with an above 7% cap rate. Income is $43,440 per year. Expenses are $14,122 per year. Net income is $29,318 per year. 14 Unit storage units measuring 10' x 20' all with single garage overhead doors. In addition more space to rent out to some trailers. And even more, there is an over 1400 sq ft raised bungalow home with a main floor 3 bedroom rental suite and 2 bedroom basement suite. Rental increases have not been given in several years so there is room to increase the income. Opportunity to purchase the property, run the business and practically live for free. (id:42336)
Business
| Business Type | Other |
| Business Sub Type | See remarks |
Property Details
| MLS® Number | E4287489 |
| Property Type | Business |
| Neigbourhood | Lamont |
Building
| Constructed Date | 2007 |
| Size Interior | 4236 Sqft |
Land
| Acreage | No |
| Size Irregular | 30655 |
| Size Total | 30655 Sqft |
| Size Total Text | 30655 Sqft |
https://www.realtor.ca/real-estate/24271751/50795075-47-av-lamont-lamont
Interested?
Contact us for more information
Timothy S. Baker
Manager
(780) 998-0344
www.timbakerrealty.com/
https://www.facebook.com/remaxTimBaker/
https://www.linkedin.com/in/tim-baker-199ab4132/
9909 103 St
Fort Saskatchewan, Alberta T8L 2C8
(780) 998-2295
(780) 998-0344
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 19 2022 11:14:16
REALTORS® Association of Edmonton
RE/MAX Real Estate