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2-8, 2337 20 Avenue

Bowden T0M 0K0

MLS® Number:  A2192944

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  • Home \
  • Bowden \
  • 2-8, 2337 20 Avenue

$ 550,000

0

BEDROOMS

0 + 0

BATHROOMS

2,936

SQUARE FEET

1968

YEAR BUILT

https://www.cirrealty.ca/reb/cara/4/A2192944_2.jpg

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MLS® Number
A2192944
PROPERTY TYPE
Apartment
LISTING DATE
February-12-2025

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. This is a commerical property and therefore must use a commerically liscened agent.

COMMUNITY 
PROPERTY TYPE  Apartment
BUILDING TYPE  Low Rise (2-4 stories)
STYLE  N/A
YEAR BUILT 1968
SQUARE FOOTAGE  2,936
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES  Electric Stove, Gas Dryer, Refrigerator, Washer
COOLING 
FIREPLACE  N/A
FLOORING  Carpet, Laminate, Vinyl
HEATING  Baseboard, Boiler, Natural Gas
LAUNDRY  In Basement
LOT FEATURES  Back Lane, Corner Lot, Lawn, Level, Near Golf Course, Near Shopping Center, Street Lighting
PARKING  Parking Pad
RESTRICTIONS  Non-Smoking Building
ROOF  Metal
TITLE  Fee Simple
BROKER  RE/MAX real estate central alberta

 

 

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.