Listing Details
For more information on this listing or other please contact me.
Courtesy of RE/MAX Real Estate.
Data was last updated 2025-01-19 at 00:33:54 GMT
5079/5075 47 Avenue Lamont, Alberta
$399,900
MLS®: E4287489
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.
Listing Information
- Prop. Type:
- Other
- Status:
- Active
- City:
- Lamont
- MLS® Number:
- E4287489
- Neighbourhood:
- Lamont
- Area:
- Lamont
- Province:
- Alberta
- Listing Price:
- $399,900
General Information
- Year Built:
- 2007
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This property is listed by RE/MAX Real Estate and provided here courtesy of
SUNNYSIDE REALTY LTD.
For more information or to schedule a viewing please contact SUNNYSIDE REALTY LTD.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.