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2-8, 2337 20 Avenue Bowden, Alberta T0M 0K0

2936 sqft
Baseboard Heaters Lawn

$550,000

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. (id:49203)

Property Details

MLS® Number A2192944
Property Type Multi-family
Amenities Near By Park, Playground, Schools, Shopping
Community Features Pets Not Allowed
Features Back Lane, Level
Parking Space Total 7
Plan 54jk
Total Buildings 1

Building

Appliances Washer, Refrigerator, Stove
Constructed Date 1968
Construction Material Poured Concrete, Wood Frame
Construction Style Attachment Attached
Exterior Finish Concrete, Stucco
Flooring Type Carpeted, Laminate, Vinyl
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 2936 Sqft
Total Finished Area 2936 Sqft
Type Apartment

Parking

Parking Pad

Land

Acreage No
Fence Type Not Fenced
Land Amenities Park, Playground, Schools, Shopping
Landscape Features Lawn
Size Irregular 8250.00
Size Total 8250 Sqft|7,251 - 10,889 Sqft
Size Total Text 8250 Sqft|7,251 - 10,889 Sqft
Zoning Description R-2

Utilities

Cable Connected
Electricity Connected
Natural Gas Connected
Telephone Connected
Sewer Connected
Water Connected
Schools

1 public & 1 Catholic schools serve this home. Of these, 1 has a catchment.

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https://www.realtor.ca/real-estate/27906943/2-8-2337-20-avenue-bowden

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Nicole Blair
Associate

(403) 348-9218
(403) 227-2560
blairteamrealestate.ca

RE/MAX Real Estate Central Alberta
5008 - 50 Street Po Box 6136
Innisfail, Alberta T4G 1S8

(403) 227-5571
(403) 227-2560

Darcy Blair
Associate Broker

(403) 304-6337
(403) 227-2560
blairteamrealestate.ca/
www.facebook.com/theblairteamremax/
twitter.com/DarcyBlairReMax
https://www.youtube.com/embed/kgp3Qm8qNU8
https://www.youtube.com/embed/Ps6l6Gl_VS0

RE/MAX Real Estate Central Alberta
5008 - 50 Street Po Box 6136
Innisfail, Alberta T4G 1S8

(403) 227-5571
(403) 227-2560