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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4452073
Year Built 1926
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.
Location
Province AB
Zoning Zone 13
Exterior
Roof Type Asphalt Shingles
Others
Tax ID 0014520077
Ownership Private
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Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Mark B Wilbert • CIR Realty