Anu Khullar
- RE/MAX River City
282 Calgary Trail NW, Edmonton, Alberta
P: 780-439-7000
F: 866-293-5424
Email
282 Calgary Trail NW, Edmonton, Alberta
P: 780-439-7000
F: 866-293-5424
Thanks for viewing this Preferred Property below. If you have any questions or would like to schedule a viewing, please feel free to call our office at 780-701-2626 and ask for Anu Khullar or John Carter. Toll free is 1-877-417-2626 or email by clicking on the envelope logo on the left of the photos on the listing.
Courtesy of Wally Fakhreddine of MaxWell Devonshire Realty.
Data was last updated 2024-11-30 at 00:52:05 GMT
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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This property is listed by Wally Fakhreddine of MaxWell Devonshire Realty and provided here courtesy of
Anu Khullar.
For more information or to schedule a viewing please contact Anu Khullar.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
