10732 96 ST NW Edmonton AB T5H 2J6 E4394167

10732 96 ST NW, Edmonton, AB, T5H 2J6
$1,049,900

Basics

Category Date added Added 5 months ago Year built 1926 Last Updated 2024-06-24T17:12:40.529Z
MLS ID E4394167

Description

  • Description:

    BEST MAINTAINED ROOMING HOUSE IN ALL OF EDMONTON AVERAGING OVER $85,000.00 A YEAR NET PROFIT! THE TAJ MAHAL OF ROOMING HOMES! CREATIVE FINANINCING AVAILBLE FOR THIS EXTREMLY WELL MAINTAINED 21 SUITE ROOMING HOME! Located in Downtown Edmonton this property has GENERATES FANTASTIC REVENUES and BOASTS 21 SUITES, 4 BATHROOMS (2 ON EACH FLOOR), COIN OPERATED LAUNDRY, FOB ENTRY and so much more! The lower level is currently used for storage along with office and workshop ALONG WITH IN-FLOOR HEATING. The average tenant has been long term (8 years on the average) and this property is in very good condition and managed professionally. Annual revenues for 2023 were $134,280.00 and net profits were $89,832.20 which would run over an 7% CAP RATE. This is definitely a JEWEL OF A PROPERTY AND IS A MUST SEE! OWNER WILL CONSIDER TRADES.

Location

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Listed by

  • List Agent: Wally Fakhreddine
  • List Office Name: MaxWell Devonshire Realty
Welcome to Innovative Realty - Best Real Estate Edmonton, your premier source for exceptional properties in AB. Whether you're in search of a luxurious home or a prime commercial space, we are here to assist you. Today, we are excited to present a remarkable style property that is currently listed as a on Real Estate Listings & Houses for Sale - Best Real Estate Edmonton. This extraordinary property offers endless possibilities in in AB.Nestled in one of AB's most sought-after neighborhoods, this property is a true masterpiece. Boasting spacious bedrooms, luxurious bathrooms, and a sprawling of living or working space, this property caters to the most discerning individuals. Built in 1926, it combines architectural elegance with modern functionality.Step inside, and you'll be greeted by an ambiance of sophistication and refined craftsmanship. The open layout of this property allows for seamless transitions between different areas, providing flexibility for any residential or commercial endeavor. High ceilings, ample natural light, and exquisite finishes create an atmosphere that is both inviting and inspiring.The versatile nature of this property makes it ideal for a range of purposes. For those seeking a dream home, this property offers all the amenities and comforts one could desire. The well-appointed bedrooms provide a peaceful retreat, while the sumptuous bathrooms offer a spa-like experience. The thoughtfully designed kitchen is a haven for culinary enthusiasts, featuring top-of-the-line appliances and ample counter space.Alternatively, if you're searching for a prime commercial space, this property presents an unparalleled opportunity. The spacious layout and attention to detail make it suitable for various businesses, such as offices, boutique shops, or upscale restaurants. The prestigious address and proximity to [mention nearby business hubs or commercial centers] ensure excellent visibility and accessibility.Beyond the exceptional interior, the outdoor space of this property is equally impressive. The meticulously landscaped grounds create a serene atmosphere and provide a delightful backdrop for gatherings or outdoor relaxation. Whether it's hosting summer soirees, setting up an outdoor seating area, or creating a tranquil garden retreat, the possibilities are endless.Located in the vibrant city of AB, this property offers the best of both worlds. The thriving local community boasts a dynamic blend of residential, commercial, and entertainment opportunities. From world-class dining establishments and high-end shopping to cultural events and outdoor recreational areas, AB has something to offer everyone.At Best Real Estate Edmonton, we understand that finding the perfect property is more than just a transaction; it's about finding a place that aligns with your unique lifestyle and aspirations. Our dedicated team of real estate professionals is committed to assisting you throughout the entire buying or leasing process. With our extensive knowledge of the AB real estate market, we provide tailored solutions to help you achieve your residential or commercial goals.Contact us today to schedule a private viewing of this extraordinary style property. Let us guide you in exploring the potential and endless opportunities that await you in the vibrant city of AB.

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