This property is listed by Wally Fakhreddine of MaxWell Devonshire Realty.
Data was last updated 2024-05-17 at 12:46:43 GMT
$1,099,000
10732 96 ST NW Edmonton, AB
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!
Listing Information
- Prop. Type:
- Multi-Family (Commercial)
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4375881
- Neighbourhood:
- Mccauley
- Area:
- Edmonton
- Province:
- AB
- Listing Price:
- $1,099,000
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)
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Location
Sunnyside Realty Ltd
SUNNYSIDE REALTY LTD
5201 49 ST, Barrhead, Alberta
Office: 780-674-5998
Fax: 780-674-5373
SUNNYSIDE REALTY LTD
5201 49 ST, Barrhead, Alberta
Office: 780-674-5998
Fax: 780-674-5373
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.