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Courtesy of Wally Fakhreddine of MaxWell Devonshire Realty
  • * $1,150,000
  • SQ. Feet7,000
  • Built1926
  • DOW52
$1,150,000

10732 96 Street Nw, Mccauley in Edmonton

This is a Multi-Family Commercial Listing.

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10732 96 Street Nw, Mccauley in Edmonton

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!

$1,150,000 - MLS® #E4375881
10732 96 Street Nw, Edmonton, AB

Essential Information

  • MLS® #E4375881
  • Price$1,150,000
  • Price per Sqft164
  • Price Per SqFt$164
  • Square Footage7,000
  • Acres0.00
  • Year Built1926
  • TypeMulti-Family Commercial
  • Days on Website52

Amenities

  • Parking Spaces3

Exterior

  • ConstructionWood Frame

Community Information

Interior

  • # of Stories2

Additional Information

  • ZoningRF3
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Listing information last updated on April 29th, 2024 at 12:45am MDT.