10732 96 St Nw, Edmonton, Alberta T5H 2J6

$1,099,000
10732 96 ST NW
25
Description

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:47825)

Address: 10732 96 ST NW
Address Line1: 10732 96 ST NW
City: edmonton
Province: Alberta
Postal Code: T5H2J6
Country: Canada
Neighbourhood: Mccauley
Price: $1,099,000
Bedrooms: 0
Bathrooms: 0
MLS ID: E4375881
Lease: 0.00
Listing Contract Date: 2024-03-05
Parking Space Total: 3
Property Type: Multi-family
Constructed Date: 1926
Fireplace Present: False
Size Interior: 5200 sqft
Size Total: 3305 sqft
Size Total Text: 3305 sqft
Acreage: false
Size Irregular: 3305
Parking:
Alternate URL:
Custom Listing: 0
Board: 10

MaxWell Devonshire Realty

Agent Office
MaxWell Devonshire Realty

301-11044 82 Ave NW
Edmonton, Alberta T6G 0T2

(780) 438-2500

(780) 435-0100

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