10732 96 St Nw, Edmonton, Alberta T5H 2J6 (27676332)
10732 96 St Nw Edmonton, Alberta T5H 2J6
$999,900
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:36938)
Property Details
| MLS® Number | E4414368 |
| Property Type | Multi-family |
| Neigbourhood | Mccauley |
| Amenities Near By | Shopping, Public Transit, Schools |
| Features | Corner Site, See Remarks, Park/reserve |
| Parking Space Total | 3 |
Building
| Constructed Date | 1926 |
| Construction Status | Insulation Upgraded |
| Size Interior | 5,400 Ft2 |
Land
| Acreage | No |
| Land Amenities | Shopping, Public Transit, Schools |
| Size Irregular | 3305 |
| Size Total | 3305 Sqft |
| Size Total Text | 3305 Sqft |
https://www.realtor.ca/real-estate/27676332/10732-96-st-nw-edmonton-mccauley
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December 18 2024 03:43:49
REALTORSĀ® Association of Edmonton
Maxwell Devonshire Realty