Exp Realty

96 St Nw, Edmonton, AB

$1,195,000

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About 96 St Nw

WELCOME TO THIS WELL-MANAGED, HIGH-DEMAND MULTI-FAMILY BUILDING IN EDMONTON’S DOWNTOWN EAST AREA. This property offers 27 UNITS, EACH WITH THEIR OWN KITCHEN OR KITCHENETTE, making it an ATTRACTIVE OPTION FOR TENANTS SEEKING CLEAN, QUIET, AND AFFORDABLE HOUSING.There are 11 BATHROOMS throughout the building: 2 UNITS HAVE THEIR OWN FULL BATH, 7 UNITS HAVE PRIVATE 2-PIECE BATHS, and the REMAINING UNITS SHARE WELL-MAINTAINED FACILITIES. The building also includes ON-SITE LAUNDRY, adding convenience for tenants and supporting consistent occupancy.IMPORTANT BUILDING UPGRADES include a 2004 BOILER and 2020 ROOF, contributing to REDUCED FUTURE CAPITAL REQUIREMENTS. An INTERNAL WEEPING TILE SYSTEM has been installed to PROTECT THE FOUNDATION and EXTEND THE LONG-TERM DURABILITY of the building, A SIGNIFICANT VALUE ADD for INVESTORS SEEKING A STABLE, LOW-MAINTENANCE ASSET.TURNOVER IS EXTREMELY LOW, with MANY LONG-TERM TENANTS. A STRONG, TURN-KEY INVESTMENT WITH STABLE CASH FLOW, LOW MAINTENANCE NEEDS, AND LONG-TERM

Features of 96 St Nw

MLS® # 43870856
Price $1,195,000
Bathrooms 0.00
Year Built 1940
Type Multi-Family Commercial
Status Active

Community Information

Address 96 St Nw
Area Edmonton
City Edmonton
County ALBERTA
Province AB
Postal Code T5H 2J3

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Suite No
Has Basement No

Additional Information

Foreclosure No
RE / Bank Owned No

Listing Details

OfficeExp Realty

Listing Map