Courtesy of Nicholas Golden, RE/MAX Professionals

Nicholas Golden

Nicholas Golden

Real Estate Agent

780-498-6437

Interested?

If you are interested in receiving more information or scheduling a viewing of this property, call Nicholas Golden today.

780-498-6437

Listing Description

Amazing Investment Opportunity! Own 73 +/- acres featuring 3 houses and a spacious shop with incredible revenue potential. This property has been generating steady income for the past 20 years, making it a fantastic addition to any portfolio. Revenue Breakdown: Main house: Previously rented for $2, 500/month Shop: Previously rented for $2, 000/month Two smaller houses: Each rented to long-term tenants for $1, 200/month Yearly crop rent: Approximately $5, 500/year Strategically located just 4 km north of St. Albert on HWY 2 and 1 km west on HWY 37, this property enjoys prime positioning at the corner of two major intersections with highway access. Additionally, Terra Pines Golf Course is conveniently situated next door. Don’t miss this exceptional opportunity to own a revenue-generating acreage with endless potential! Needs TLC

Features

See Remarks, Deck, Parking-Extra, R.V. Storage

Amenities

Airport Nearby, Corner Lot, Golf Nearby, Landscaped, Private Setting, Shopping Nearby, Treed Lot.

Key Details

MLS® Number:E4419341
Property Type:Country Residential
Building Type:Detached Single Family, Bungalow
Building Size:1,778 SqFt
Year Built:1975
Neighbourhood:None
Zone:Zone 70
Land Title:Fee Simple
Nearest Town:St. Albert
Lot Size:73.37 Acres
Lot Shape:Rectangular
Exposure:West
Parking Type:Double Garage Attached, Shop
Garage:1
Bedrooms:3
Bathrooms:1 Full, 1 Half
Fireplace:Mantel, Wood
Heating Type:Forced Air-1, Natural Gas
Flooring:Carpet, See Remarks
Exterior:Stone, Stucco
Construction:Wood
Foundation:Concrete Perimeter
Out Building:Equipment Storage, Machine Shop, Workshop
Sewer/Septic:Tank & Straight Discharge
Water Supply:Drilled Well
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