Courtesy Of Wally Fakhreddine Of MaxWell Devonshire Realty.

10732 96 Street Nw, Edmonton

$999,900

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

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

Essential Information
MLS® #E4414368
Price$999,900
Bathrooms0.00
Acres0.00
Year Built1926
TypeMulti-Family Commercial
StatusActive
Community Information
Address10732 96 Street Nw
AreaEdmonton
SubdivisionMccauley
CityEdmonton
CountyALBERTA
ProvinceAB
Postal CodeT5H 2J6
Exterior
ConstructionStucco, Wood Frame
Additional Information
ZoningZone 13
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Listing information last updated on April 30th, 2025 at 3:47am MDT.

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