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.
Address
10732 96 ST NW
List Price
$999,999
Property Type
Commercial Sale
Transaction Type
sale
Area
Edmonton
Sub-Area
Mccauley
Year Built
1926
MLS® Number
E4452073
Listing Brokerage
CIR Realty
Postal Code
T5H 2J6
Zoning
Zone 13
Construction Materials
Wood Frame
Roof
Asphalt Shingles
