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10732 96 ST NW
Edmonton Alberta T5H2J6 Canada

$1,099,000

Active Listing ID E4375881
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5,200 square feet
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Multi-family

$1,099,000

Active Listing ID E4375881
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10732 96 ST NW 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! (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/15/2024 3:40:33 PM GMT
Source Updated Date: 5/17/2024 3:40:01 AM GMT

Courtesy of: WallyFakhreddine, Salesperson, MaxWell Devonshire Realty

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