10407 102 ST, Westlock, Alberta

About This Property

Great investment opportunity with huge future potential! Two homes plus a 14’x26’ garage on a large 68’x139’ lot provide multiple income streams — one is already rented at $850/month + utilities. The first home (built 1961; furnace & water heater ~5 years old) is 907.5 sq ft with 2 bedrooms up, 2 down, and a bathroom on each level. The second home is 678 sq ft, single-level, with 2 bedrooms and a 4-piece bath. All three buildings feature low-maintenance stucco exteriors and new architectural shingles (2024). Both homes need some TLC – a great chance to add value and boost rents. Highway Commercial zoning offers excellent future development potential. Only one block from the junction of two main highways, the location provides outstanding exposure and easy access. A municipal water line easement runs through the middle of the lot. Close to all amenities, this property is a rare find for savvy investors looking to maximize rental income and long-term growth!