Rare Investment Opportunity in the Heart of Downtown Edmonton! This fully upgraded and meticulously maintained 21-unit rooming house offers exceptional income potential, with 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:47041)
| MLS® Number | E4452073 |
| Property Type | Multi-family |
| Neigbourhood | Mccauley |
| Parking Space Total | 4 |
| Constructed Date | 1926 |
| Size Interior | 5,200 Ft2 |
| Acreage | No |
| Size Irregular | 3484.8 |
| Size Total | 3484.8 Sqft |
| Size Total Text | 3484.8 Sqft |
https://www.realtor.ca/real-estate/28711715/10732-96-st-nw-edmonton-mccauley
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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