Rare Investment Opportunity in the Heart of Downtown Edmonton! This fully upgraded and meticulously maintained 21-unit rooming house offers a net annual profit of over $100K. A true standout in the city, the property features secure fob access, coin-operated laundry, four shared bathrooms (two per floor), and a professionally managed tenant base with long-term occupancy averaging 8 years. The basement includes in-floor heating, dedicated storage, a workshop, and an office area. Ownership includes the land, and with significant renovations already completed, this turnkey building is a low-maintenance, high-reward asset for any savvy investor. (id:58588)
| MLS® Number | 43869254 |
| Property Type | Multi-family |
| Neigbourhood | North Central Edmonton |
| Parking Space Total | 4 |
| Constructed Date | 1926 |
| Size Interior | 5,200 Ft2 |
| Acreage | No |
| Size Irregular | 3484.8 |
| Size Total | 3484.8 Sqft|under 1/2 Acre |
| Size Total Text | 3484.8 Sqft|under 1/2 Acre |
https://www.realtor.ca/real-estate/29199507/10732-96-street-edmonton
Contact us for more information
Mark B. Wilbert
Associate
(587) 405-7722
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