This property is listed by Wally Fakhreddine of MaxWell Devonshire Realty.
Data was last updated 2024-11-30 at 03:15:13 GMT
$999,900
10732 96 ST NW Edmonton, AB
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
Listing Information
- Prop. Type:
- Multi-Family (Commercial)
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4414368
- Neighbourhood:
- Mccauley
- Area:
- Edmonton
- Province:
- AB
- Listing Price:
- $999,900
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:
- Corner Site, Park/Reserve, Shopping Nearby, Public Transportation, Fenced Yard, Schools, See Remarks
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
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.