2-8, 2337 20 Avenue Bowden

2-8, 2337 20 Avenue, Bowden, Alberta

$550,000

2,936 Square Feet
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:59963)
  • Listing ID: A2192944
  • Property Type: Multi-family
  • Year Built: 1968
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Details

  • Amenities Nearby: Park, Playground, Schools, Shopping
  • Community Features: Pets not Allowed
  • Features: Back lane, Level
  • Ownership: Freehold
  • Parking Spaces: 7
  • Plan: 54JK
  • Total Buildings: 1
  • Transaction: For sale
  • Zoning Description: R-2

Building

  • Appliances: Washer, Refrigerator, Stove
  • Constructed Date: 1968
  • Constructed Material: Poured concrete, Wood frame
  • Construction Style Attachment: Attached
  • Exterior Finish: Concrete, Stucco
  • Fireplace Present: False
  • Flooring: Carpeted, Laminate, Vinyl
  • Foundation: Poured Concrete
  • Heating: Baseboard heaters
  • Heating Fuel: Natural gas
  • Size Interior: 2936 sqft
  • Stories Total: 2
  • Total Finished Area: 2936 sqft
  • Type: Apartment

Land

  • Amenities: Park, Playground, Schools, Shopping
  • Fence: Not fenced
  • Landscape Features: Lawn
  • Size Irregular: 8250.00
  • Size Total: 8250 sqft|7,251 - 10,889 sqft

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    This property for sale located at 2-8, 2337 20 Avenue in Bowden was last modified on February 21st 2025. Let us connect you with one of our real estate agents to schedule a viewing or subscribe to other properties for sale in Bowden.

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