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$999,999
Est. payment /mo
5,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $192
Subdivision Mccauley
MLS® Listing ID E4452073
Year Built 1926
Lot Size 3,484 Sqft
Acres 3484.8
Source REALTORS® Association of Edmonton
Property 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 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. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
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Listed by CIR Realty
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