10732 96 St Nw Edmonton, Alberta T5H 2J6
$999,900
OWN THE LAND, SUBSTANTAILLY RENOVATED BUILDING AND A PHENOMINAL REVENUE PRODUCING COMPLEX ALL IN ONE! BEST MAINTAINED ROOMING HOUSE IN ALL OF EDMONTON CURENTLY GENERATING NET PROFIT OF $101,383.78 A YEAR! THIS IS THE TAJ MAHAL OF ROOMING HOMES! Located in Downtown Edmonton this property 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 IN THE BASEMENT. The average tenant has been long term (8 years on the average) and this property is in very good condition and managed professionally. Current gross revenue is $141,720.00 and net profits which are$ 101,383.78 an AMAZING CAP RATE OF JUST OVER 10%! NOW BOASTING NEW SHAW INTERNET, RENT ROLL TO INCREASE ON MARCH 01, 2025 (id:46923)
Property Details
| MLS® Number | E4414368 |
| Property Type | Multi-family |
| Neigbourhood | Mccauley |
| AmenitiesNearBy | Shopping, Public Transit, Schools |
| Features | Corner Site, See Remarks, Park/reserve |
| ParkingSpaceTotal | 3 |
Building
| ConstructedDate | 1926 |
| ConstructionStatus | Insulation Upgraded |
| SizeInterior | 5400 Sqft |
Land
| Acreage | No |
| LandAmenities | Shopping, Public Transit, Schools |
| SizeIrregular | 3305 |
| SizeTotal | 3305 Sqft |
| SizeTotalText | 3305 Sqft |
https://www.realtor.ca/real-estate/27676332/10732-96-st-nw-edmonton-mccauley
Interested?
Contact us for more information
Wally Fakhreddine
Associate
301-11044 82 Ave Nw
Edmonton, Alberta T6G 0T2
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 22 2024 05:40:07
REALTORS® Association of Edmonton
Maxwell Devonshire Realty