10732 96 ST NW Edmonton, AB

MLS^®: E4394167

URL:

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.

Listing Information

Prop. Type:: Multi-Family (Commercial)

Status:: Active

City:: Edmonton

MLS^® Number:: E4394167

Neighbourhood:: Mccauley

Area:: Edmonton

Province:: AB

Listing Price:: $1,049,900

General Information

Year Built:: 1926
Zoning/Land Use Code:: For Sale

Region:: Edmonton

Additional Information

Plan:: ND
Legal Block:: 23

Legal Lot/Unit:: 8

Other Information

Land Size Hectares:: 0
Building Type:: Low Rise (2-4 stories)

Site Influences:: Park/Reserve, Shopping Nearby, Public Transportation, Public Swimming Pool, Schools, See Remarks, View City, View Downtown

VIP-Only Information

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Location

Anu Khullar
RE/MAX River City
282 Calgary Trail NW, Edmonton, Alberta
Office: 780-439-7000
Fax: 866-293-5424

Data is deemed reliable but is not guaranteed accurate by the REALTORS^® Association of Edmonton.