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Home AB Bowden
2-8, 2337 20 Avenue
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2-8, 2337 20 Avenue $550,000
$550,000
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2-8, 2337 20 Avenue
Bowden, Alberta T0M0K0

MLS® Number: A2192944

Listing Description

Nestled in the quaint and quiet town of Bowden, this 7-suite apartment building is a rare find. Located within walking distance of local amenities, parks, arena and the k-12 school, this property is ideal for those seeking a tight-knit community vibe with all the conveniences of being located on the QE2 highway. This apartment is perfect for long-term tenants who enjoy a cozy and homely atmosphere. The building is currently occupied by long-term tenants, ensuring a stable and reliable rental income, with the manager living on site in one of the suites. The building has 3 studio apartments on the lower level, and 4- 2 bedroom suites located the the upper 2 floors. The top floor units have vaulted ceiling to create an even bigger feel. While the building is maintained, there is need for updates and modernization, offering an excellent opportunity for investors to increase the property's value and appeal. 10' x 10' shed with 6' roll up door. Building is no smoking and no pets. Tenants pay for power, telephone and cable. This property is perfect for investors seeking a stable income stream with the potential for future growth. Whether you're looking to expand your rental portfolio or make your first investment, this 7-suite apartment building in Bowden is a promising opportunity. (30099887)

Property Summary

Property Type
Multi-family
Building Type
Apartment
Storeys
2
Title
Freehold
Land Size
8250 sqft|7,251 - 10,889 sqft
Built in
1968
Annual Property Taxes
$4,238
Parking Type
Parking Pad
Time on REALTOR.ca
42 days

Building

Interior Features
Appliances Included
Washer, Refrigerator, Stove
Flooring
Carpeted, Laminate, Vinyl
Building Features
Features
Back lane, Level
Foundation Type
Poured Concrete
Style
Attached
Construction Material
Poured concrete, Wood frame
Total Buildings
1
Heating & Cooling
Heating Type
Baseboard heaters, (Natural gas)
Utilities
Utility Type
Cable (Connected), Electricity (Connected), Natural Gas (Connected), Telephone (Connected), Sewer (Connected), Water (Connected)
Exterior Features
Exterior Finish
Concrete, Stucco
Neighbourhood Features
Community Features
Pets not Allowed
Amenities Nearby
Park, Playground, Schools, Shopping
Parking
Parking Type
Parking Pad
Total Parking Spaces
7

Measurements

Square Footage
2936 sqft
Total Finished Area
2936 sqft

Land

Lot Features
Fencing
Not fenced
Landscape Features
Lawn
Other Property Information
Zoning Description
R-2
Data provided by: Pillar 9™
403-304-6337
403-227-2560
REALTOR® Website
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