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LOADING

5079/5075 47 Av Lamont, Alberta T0B 2R0

4236 sqft

$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:49443)

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