Business with Property for Sale
Property For Sale In Lamont, Lamont
- MLS®#: E4287489
- Price: $399,900
- Year Built: 2007
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.
Contact Elisse Moreno About MLS® E4287489
Elisse Moreno, 1.587.400.SOLD (7653) at Elisse Moreno & Caitlin Heine (REALTORS® with RE/MAX Real Estate), Suite 200, 10835 – 124th Street NW, Edmonton, Alberta, T5M 0H4
property information
- Property Type: Business with Property
- MLS®#: E4287489
- Year Built: 2007
Community Information
- Neighbourhood: Lamont
- City: Lamont
- Postal Code: T0B 2R0
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