10732 96 St Nw Edmonton, Alberta T5H 2J6
7,000 ft2
$1,150,000
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! (id:51013)
Property Details
| MLS® Number | E4375881 |
| Property Type | Multi-family |
| Neigbourhood | Mccauley |
| Parking Space Total | 3 |
Building
| Constructed Date | 1926 |
| Size Interior | 7,000 Ft2 |
Land
| Acreage | No |
| Size Irregular | 3305 |
| Size Total | 3305 Sqft |
| Size Total Text | 3305 Sqft |
https://www.realtor.ca/real-estate/26592867/10732-96-st-nw-edmonton-mccauley
Contact Us
Contact us for more information
Wally Fakhreddine
Associate
(780) 471-8058
topedmontonrealestate.com/
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Maxwell Devonshire Realty
301-11044 82 Ave Nw
Edmonton, Alberta T6G 0T2
301-11044 82 Ave Nw
Edmonton, Alberta T6G 0T2
(780) 438-2500
(780) 435-0100
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April 07 2024 02:45:59
REALTORS® Association of Edmonton
Maxwell Devonshire Realty
