LOADING

10732 96 St Nw Edmonton, Alberta T5H 2J6

5200 sqft

$1,049,900

BEST MAINTAINED ROOMING HOUSE IN ALL OF EDMONTON AVERAGING OVER $85,000.00 A YEAR NET PROFIT! THE TAJ MAHAL OF ROOMING HOMES! CREATIVE FINANINCING AVAILBLE FOR THIS EXTREMLY WELL MAINTAINED 21 SUITE ROOMING HOME! Located in Downtown Edmonton this property has GENERATES FANTASTIC REVENUES and BOASTS 21 SUITES, 4 BATHROOMS (2 ON EACH FLOOR), COIN OPERATED LAUNDRY, FOB ENTRY and so much more! The lower level is currently used for storage along with office and workshop ALONG WITH IN-FLOOR HEATING. The average tenant has been long term (8 years on the average) and this property is in very good condition and managed professionally. Annual revenues for 2023 were $134,280.00 and net profits were $89,832.20 which would run over an 7% CAP RATE. This is definitely a JEWEL OF A PROPERTY AND IS A MUST SEE! OWNER WILL CONSIDER TRADES. (id:46923)

Property Details

MLS® Number E4394167
Property Type Multi-family
Neigbourhood Mccauley
AmenitiesNearBy Shopping, Public Transit, Schools
CommunityFeatures Public Swimming Pool
Features See Remarks, Park/reserve
ParkingSpaceTotal 3
ViewType City View

Building

ConstructedDate 1926
SizeInterior 5200 Sqft

Land

Acreage No
LandAmenities Shopping, Public Transit, Schools
SizeIrregular 3305
SizeTotal 3305 Sqft
SizeTotalText 3305 Sqft

https://www.realtor.ca/real-estate/27083251/10732-96-st-nw-edmonton-mccauley

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Wally Fakhreddine
Associate


Maxwell Devonshire Realty
301-11044 82 Ave Nw
Edmonton, Alberta T6G 0T2

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