Courtesy of Nicholas Golden, RE/MAX Professionals
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780-498-6437Listing 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 |
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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 |