Courtesy Of Wally Fakhreddine Of MaxWell Devonshire Realty

10732 96 St Nw, Edmonton, AB

$1,049,900

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5,200

Square feet

About 10732 96 St Nw

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.

Features of 10732 96 St Nw

MLS® # E4394167
Price $1,049,900
Square Footage 5,200
Acres 0.00
Year Built 1926
Type Multi-Family Commercial

Community Information

Address 10732 96 St Nw
Area Edmonton
Subdivision Mccauley
City Edmonton
Province AB
Postal Code T5H 2J6

Amenities

Features Park/Reserve, Shopping Nearby, Public Transportation, Public Swimming Pool, Schools, See Remarks, View City, View Downtown
Parking Spaces 3
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement No

Exterior

Construction Wood Frame

Additional Information

Date Listed June 24th, 2024
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Wally Fakhreddine Of MaxWell Devonshire Realty

Listing Map