54529 RR 255, Rural Sturgeon County, Alberta T8T0V2
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Highlights
Estimated ValueNot available
Price/Sqft$675/sqft
Est. Mortgage$5,153/mo
Tax Amount ()-
Days On Market5 days
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 $1,000/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 (id:39198)