Courtesy of Tyler J Suchan of
RE/MAX River City
10734 92 Street
Edmonton
T5H 1V4
$325,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4332015
- Build. Type:
- Rooming House
- Photos (28)
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Looking for something with great cashflow? This 9 bedroom + 1 self contained Suite , Rooming House has Gross revenue of $6350/mth when fully tenanted! There is opportunity to increase revenue and the Landlord is currently paying for all utilities. Recent upgrades/renovations include: 200 Amp electrical panel, shingles, hot water tank, furnace, and some of the windows. 10 security cameras on site which will be included in sale. Ideal for someone looking at this as a part time job or side-hustle, self-manage and maintain the property yourself for a monthly pay cheque. Or, live in the upstairs suite and have all the tenants pay for your mortgage. Opportunity knocks!
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial
- Construction:
- Brick/Masonry
- Building Type:
- Rooming House
- # Units:
- 10
- Tot Pkg Spaces:
- 0
- # Storeys:
- 3.0
- Year built:
- 1926 (Age: 97)
- Total Floor Area:
- 2,477 sq. ft.
- Lot Area:
- 0 sq. ft.
- Land Use/Zoning:
- RA7
- Plan:
- RN23
- Title to Land:
- Freehold
- LINC Number:
- 0010549609
- Num. of Parcels:
- 1
- Cap Rate %:
- 17.5
- Gross Operating Income:
- $76,200
- Other Income:
- $0
- Effective Gross Income:
- $76,200
- Net Operating Income:
- $57,714
- Total Oper. Expenses:
- $18,486
- Tot Expenses:
- $18,486
- Entry date:
- Mar 21, 2023
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Data was last updated May 28, 2023 at 04:30 AM (UTC)
- TERRIE REEKIE
- RE/MAX RIVER CITY
- 1 (780) 9088090
- Contact by Email
T
R
Terrie M Reekie
Re/Max River City
Office Address:
13120 St. Albert Trail
Edmonton, AB, T5L 4P6