Business with Property for Sale

Courtesy of Timothy Baker of RE/MAX Real Estate

Property For Sale In Lamont, Lamont

 Business with Property for Sale, MLS® # E4287489
  • MLS®#: E4287489
  • Price: $414,900
  • 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 Tim Baker About MLS® E4287489

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Tim Baker, 780-318-2253 at RE/MAX Real Estate, 102-4245 97 Street, Edmonton, Alberta, T6E 5Y7

property information

  • Property Type: Business with Property
  • MLS®#: E4287489
  • Year Built: 2007

Community Information

  • Neighbourhood: Lamont
  • City: Lamont
  • Postal Code: T0B 2R0
Disclaimer: Copyright 2022 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated May 20, 2022, 10:03 am.

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