Courtesy Of Wally Fakhreddine Of MaxWell Devonshire Realty
About 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!
Features of 10732 96 St Nw
| MLS® # | E4375881 |
|---|---|
| Price | $1,150,000 |
| Square Footage | 7,000 |
| Acres | 0.00 |
| Year Built | 1926 |
| Type | Multi-Family Commercial |
Community Information
| Address | 10732 96 St Nw |
|---|---|
| Area | Edmonton |
| Subdivision | Mccauley |
| City | Edmonton |
| Province | AB |
| Postal Code | T5H 2J6 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Construction | Wood Frame |
|---|
Additional Information
| Date Listed | March 5th, 2024 |
|---|---|
| Zoning | RF3 |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Wally Fakhreddine Of MaxWell Devonshire Realty |
|---|