120 3 Avenue E, Drumheller, Alberta T0J 0Y4

$245,000

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List Price
$245,000
Status
ACTIVE
MLS® #
A2335296
Days on Market
29
Area
Drumheller
Community
Downtown Drumheller

Property Description

GREAT INVESTMENT OPPORTUNITY FOR SALE: Two spaces on Drumheller’s busiest street. Approx 3540 sq ft total size. Basement is unfinished. Newer torch on roof. Zoned DT for multiple uses. There are two lots . Income for each space :::::::::::::: Kim’s $990 x 12 = $11,880 + p,g,w :::::::::::::: Nails $1090 x 12 = $13,080 + p,g,w :::::::::::::: Less: Insurance $2500 estimated :::::::::::::: Less: Taxes $4,112.07 actual :::::::::::::: Net Income = $18,347.93 Net Income :::::::::::::: 8% return. Excellent location in downtown Drumheller. LOT SIZE 120 x 52 FT Parcel Size 6240.000 SQ FT.

Additional Information

Acres
0.14

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Calculator source: Real Geeks

Courtesy of Century 21 Masters.

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