About 54529 Rr 255
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 $1,200/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
Features of 54529 Rr 255
| MLS® # | E4419341 |
|---|---|
| Price | $1,200,000 |
| Bedrooms | 3 |
| Bathrooms | 1.50 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 1,778 |
| Acres | 73.37 |
| Year Built | 1975 |
| Type | Rural |
| Sub-Type | Detached Single Family |
| Style | Bungalow |
| Status | Active |
Community Information
| Address | 54529 Rr 255 |
|---|---|
| Area | Rural Sturgeon County |
| Subdivision | None |
| City | Rural Sturgeon County |
| County | ALBERTA |
| Province | AB |
| Postal Code | T8T 0V2 |
Amenities
| Features | Deck, Parking-Extra, R.V. Storage |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air-1, Natural Gas |
|---|---|
| Fireplace | Yes |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full, Finished |
Exterior
| Exterior | Wood |
|---|---|
| Exterior Features | Airport Nearby, Corner Lot, Golf Nearby, Landscaped, Private Setting, Shopping Nearby, Treed Lot |
| Construction | Wood |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | January 27th, 2025 |
|---|---|
| Days on Market | 2 |
| Zoning | Zone 70 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Nicholas J Golden Of RE/MAX Professionals |
|---|