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:60367)
| MLS® Number | 43869254 |
| Property Type | Multi-family |
| ParkingSpaceTotal | 4 |
| ConstructedDate | 1926 |
| SizeInterior | 5200 Sqft |
| Acreage | No |
| SizeIrregular | 3484.8 |
| SizeTotal | 3484.8 Sqft|under 1/2 Acre |
| SizeTotalText | 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