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10732 96 Street
$999,999 Sale
Listed 32 days ago
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Key Facts
Key facts for 10732 96 Street
Property Type
Commercial
Parking
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MLS®
E4452073
Size
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Basement
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Listed on
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Lot size
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Tax
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Days on Website
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Year Built
1926
Maintenance Fee
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Description
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 laundr...y, 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.
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Courtesy of: Mark B Wilbert, CIR Realty