21 Burlington Avenue, Spruce Grove, AB T7X 1E5

Courtesy of Alim Mohamed of MaxWell Polaris.

$484,900
5
BD
2
BA
1,181
SqFt

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List Price
$484,900
MLS® #
E4509713
Bedrooms
5
Bathrooms
2
Year Built
1973
Region
Spruce Grove
Community
Brookwood

Property Description

INVESTOR ALERT! This could be your opportunity to own a cash-flowing property that checks all the boxes. This well-maintained Brookwood bungalow features a 3-bedroom main floor currently rented for $1,750/month with approximately two years remaining on the lease, plus a legal 2-bedroom basement suite rented for $1,500/month on a month-to-month basis. Rent includes utilities, while the solar panels help offset utility costs. Both suites have established tenants in place, making this a great opportunity for an investor looking for immediate rental income. The property has been very well maintained and offers solid bones, a functional layout and an excellent location close to schools, grocery stores, churches, shopping and everyday amenities. Enjoy passive rental income today while owning a property with long-term appreciation potential.

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Calculator source: Real Geeks

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