Buy and Hold
Available
12044 102 ST NW: Income-Generating Property in a Booming Area
Edmonton
Westwood
$330,000
12044 102 ST NW
I’m excited to reintroduce an excellent investment opportunity at 12044 102 ST NW, Edmonton, which is now available for $330,000. This property offers not just a home but a strategic position in a revitalizing area.
Property Highlights:
- Current Income: The property is currently occupied by a reliable tenant on a month-to-month lease, providing immediate rental income of $1,525/month. This is a fantastic advantage as you navigate development permits, drawings, appraisals, and quotes.
- Size and Features: The home sits on a 50′ x 150′ lot and boasts ample space, making it ideal for potential future development.
- Condition: While the home is older, it has been well maintained, offering the option to continue renting it out while you strategize on your redevelopment plans.
- Development Potential: The neighborhood is seeing significant growth, with several infill projects already completed on adjacent streets. Investing now allows you to take advantage of passive appreciation as the area undergoes revitalization.
Why This Property?
Investing in 12044 102 ST NW not only provides you with immediate cash flow but also positions you ahead of the curve in an area poised for redevelopment. Securing this property now means you’ll benefit from the inevitable rise in property values as the neighborhood transforms.
For more details or to schedule a viewing, please reply to this email. Don’t miss out on this chance to make a strategic investment in Edmonton’s promising real estate market!