10130 100 Avenue, Morinville, Alberta T8R 1P8

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$395,000

Highlights

$395,000

Price

2024 sqft

Lot

For sale

Status

43689316

MLS® ID

Prime Investment Opportunity: High-Exposure Rental Property with Tax Exemption! This beautifully renovated property offers an exceptional investment opportunity in a high-traffic downtown location, perfect for visibility and future growth. Currently generating $2,000/month in rent, the tenant — a long-term non-profit organization — is eager to continue their lease, ensuring a reliable, consistent income. As a non-profit tenant, they benefit from tax exemption, providing potential financial advantages for the savvy investor. The property has been recently updated with fresh paint, a brand-new furnace, and an upgraded electrical distribution board, guaranteeing low maintenance for years to come. With its prime location, renovated condition, and stable cash flow, this is a turnkey investment with tremendous potential. Contact us today to seize this high-return opportunitOther Property Types: Office,Retail,InstitutionalSubject Space Width: 45Ownership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Zafar MalikAppointment Phone: 780-243-7653Paragon Listing ID: E4437229 (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number 43689316
    • Price $395,000
    • Square Footage: 2024 sqft

    Buildings

    Constructed Date 1940 Size Interior 2024 Sqft

    Land

    Acreage No Size Total 0|unknown
    Size Total Text 0|unknown

    Agents and Offices

    • Zafar A. Malik
    • Office: Homes & Gardens Real Estate Limited

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