Courtesy of Trent Muller, Exp Realty

Interested?

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

(780)-819-2615

Listing Description

Great investment opportunity with huge future potential! Two homes plus a 14’x26’ garage on a large 68’x139’ lot provide multiple income streams — one is already rented at $850/month + utilities. The first home (built 1961; furnace & water heater ~5 years old) is 907.5 sq ft with 2 bedrooms up, 2 down, and a bathroom on each level. The second home is 678 sq ft, single-level, with 2 bedrooms and a 4-piece bath. All three buildings feature low-maintenance stucco exteriors and new architectural shingles (2024). Both homes need some TLC – a great chance to add value and boost rents. Highway Commercial zoning offers excellent future development potential. Only one block from the junction of two main highways, the location provides outstanding exposure and easy access. A municipal water line easement runs through the middle of the lot. Close to all amenities, this property is a rare find for savvy investors looking to maximize rental income and long-term growth!

Features

Dryer, Garage Opener, Storage Shed, Washer, Refrigerators-Two, Stoves-Two, Off Street Parking, On Street Parking, Hot Water Natural Gas, Wood Windows

Amenities

Back Lane, Fruit Trees/Shrubs, Level Land.

Key Details

MLS® Number:E4470236
Property Type:Single Family
Building Type:Detached Single Family, Bungalow
Building Size:908 SqFt
Year Built:1961
Neighbourhood:Westlock
Zone:Zone 70
Lot Size:9,445 SqFt
Lot Shape:Rectangular
Exposure:North
Parking Type:Single Garage Detached
Parking Spaces:5
Garage:1
Bedrooms:4
Bathrooms:2 Full, 0 Half
Fireplace:No
Heating Type:Forced Air-1, Natural Gas
Efficiency Rating:High - 92%+ Efficiency
Flooring:Laminate Flooring
Exterior:Block, Stucco, Wood
Roofing:Fiberglass
Construction:Block, Stucco, Wood
Foundation:Concrete Perimeter
Frontage:42.23
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