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Gagan Bilga

  • Cell 4039184925
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505 2 St, Strathmore, Alberta – $549,900

  • 8 Beds
  • 5 Baths
  • 2,669 Sqft
  • .27 Acres
  • 8 Beds
  • 5 Baths
  • 2,669 Sqft
  • .27 Acres

505 2 St

Are you looking for an income/development property? ***STRONGLY CONSIDER THIS***We will give you TOP 5 REASONS WHY THIS SHOULD BECOME A PART OF YOUR PORTFOLIO: 1)Location no one can beat - right in the heart of DOWNTOWN STRATHMORE 2) ZONING - CB(Central Business District) - allows to build and have a lot of different projects at this spot 3)SIZE - 4 lots with the overall width of 120' 4)INCOME PRODUCING TURNKEY OPERATION - 6 separate suites(4 TWO BEDROOM and 2 ONE BEDROOM), each one of them rented out separately to great quality tenants. GENERATING $5875/MONTH OF GROSS RENT!!! YOU DO NOT SEE THIS KIND OF FIGURES IN CALGARY. Do your math - the Return On Investment is UNBELIEVABLE!!! 5)Old, but very solid building. The roof shingles were recently redone. If you are a smart developer/builder/investor - you owe it to yourself to check this property out! ***The seller will consider doing Vendor Take Back***

Essential Information

  • MLS® #C4118585
  • Price$549,900
  • Bedrooms8
  • Bathrooms5.00
  • Full Baths5
  • Square Footage2,669
  • Acres0.27
  • Year Built1959
  • TypeDetached
  • Sub-TypeDetached
  • Style2 Storey
  • StatusActive

Community Information

  • Address505 2 St
  • AreaStrathmore
  • SubdivisionDowntown_Strathmore
  • CityStrathmore
  • ProvinceAlberta
  • Postal CodeT1P 1B9

Amenities

  • FeaturesNone
  • Parking Spaces6
  • ParkingStall

Interior

  • HeatingNatural Gas, Forced Air-2
  • Has BasementYes
  • BasementSUITE - Legal

Exterior

  • ExteriorStucco
  • Lot Description36.56x30.4
  • RoofAsphalt Shingles
  • ConstructionWood Frame
  • FoundationConcrete

Exterior Features

Commercial, Corner, Flat Site, Back Lane

Listing Details

  • OfficeRE/MAX FIRST
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RE/MAX FIRST.

Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on October 17th, 2017 at 5:15pm CDT.