10732 96 St Nw, Edmonton, Alberta T5H 2J6 (26592867)
10732 96 St Nw Edmonton, Alberta T5H 2J6
$1,150,000
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:36938)
Property Details
| MLS® Number | E4375881 |
| Property Type | Multi-family |
| Neigbourhood | Mccauley |
| Parking Space Total | 3 |
Building
| Constructed Date | 1926 |
| Size Interior | 5200 Sqft |
Land
| Acreage | No |
| Size Irregular | 3305 |
| Size Total | 3305 Sqft |
| Size Total Text | 3305 Sqft |
https://www.realtor.ca/real-estate/26592867/10732-96-st-nw-edmonton-mccauley
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April 30 2024 04:46:12
REALTORSĀ® Association of Edmonton
Maxwell Devonshire Realty