Listing Details
For more information on this listing or other please contact me.
Courtesy of Wally Fakhreddine of MaxWell Devonshire Realty.
Data was last updated 2024-04-30 at 03:50:27 GMT
10732 96 ST NW Edmonton, AB
$1,150,000
MLS®: E4375881
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:
- $1,150,000
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
- Zoning/Land Use:
- RF3
- Building Type:
- Low Rise (2-4 stories)
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This property is listed by Wally Fakhreddine of MaxWell Devonshire Realty and provided here courtesy of
SUNNYSIDE REALTY LTD.
For more information or to schedule a viewing please contact SUNNYSIDE REALTY LTD.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.