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Lea Alexander
- Sterling Real Estate
PO Box 355, Fallis, Alberta
PO Box 355, Fallis, Alberta
Listing Details
For more information on this listing or other please contact me.
Courtesy of MaxWell Devonshire Realty.
Data was last updated 2025-06-25 at 20:18:11 GMT
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.
Listing Information
- Prop. Type:
- Other
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4394167
- Neighbourhood:
- Mccauley
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $1,049,900
General Information
- Year Built:
- 1926
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This property is listed by MaxWell Devonshire Realty and provided here courtesy of
Lea Alexander .
For more information or to schedule a viewing please contact Lea Alexander .
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
