Courtesy Of Wally Fakhreddine Of MaxWell Devonshire Realty

10732 96 Street Nw, Edmonton, AB

$999,900

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About 10732 96 Street Nw

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

Features of 10732 96 Street Nw

MLS® # E4414368
Price $999,900
Bathrooms 0.00
Acres 0.00
Year Built 1926
Type Multi-Family Commercial
Status Active

Community Information

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

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Construction Stucco, Wood Frame

Additional Information

Date Listed November 22nd, 2024
Days on Market 19
Zoning Zone 13
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Wally Fakhreddine Of MaxWell Devonshire Realty

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