Homes for sale - 10732 96 ST NW, Edmonton, AB T5H2J6

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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$999,900

Est. payment - /mo

5,400 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,400 sqft

Price per Sqft $185

Subdivision Mccauley

MLS® Listing ID E4414368

Originating Board REALTORS® Association of Edmonton

Year Built 1926

Lot Size 3,305 Sqft

Acres 3305.0

Property Description

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 (id:24570)

Location

Province AB

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 3

Private Pool No

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Listed by MaxWell Devonshire Realty

+1(250) 882-3335

alex@victoriahomes.com

10732 96 ST NW Edmonton, AB T5H2J6

RE/MAX Generation

Key Details

Location

Exterior

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