Description
A remarkable business opportunity. Tenants pays ALL expenses and performs all maintenance. There is no property tax either. All the landlord needs to do is deposit the lease payments into their bank account. This great passive income opportunity is ideal for someone in health care. One long term tenant since it was built in 2011. This group home was specifically designed by the builder for patients with physical disabilities. Wheelchair ramp access for all entrances, institutional spec for water and septic line as per fire code requirements for a group home. This building was built with all the latest code requirements for such a facility.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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2,923SQFT
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$428$/SQFT
Description
A remarkable business opportunity. Tenants pays ALL expenses and performs all maintenance. There is no property tax either. All the landlord needs to do is deposit the lease payments into their bank account. This great passive income opportunity is ideal for someone in health care. One long term tenant since it was built in 2011. This group home was specifically designed by the builder for patients with physical disabilities. Wheelchair ramp access for all entrances, institutional spec for water and septic line as per fire code requirements for a group home. This building was built with all the latest code requirements for such a facility.
© 2023 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®). Data last updated: 2023-12-09T23:36:35.037 UTC.
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