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2-8, 2337 20 Avenue, Bowden
2025-02-12
Quick Summary
- Location
- 2-8, 2337 20 Avenue, Bowden, Alberta T0M0K0
- Price
- $550,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 2936ft2
- Year of Construction:
- 1968
MLS®#A2192944
Property 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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Playground, Schools, Shopping
Building
- Appliances: Washer, Refrigerator, Stove
- Construction Style: Attached
- Exterior Finish: Concrete, Stucco
- Fireplace: No
- Flooring Type: Carpeted, Laminate, Vinyl
- Interior Size: 2936 sqft
- Building Type: Apartment
- Stories: 2
Features
- Feature: Back lane, Level
Land
- Land Size: 8250 sqft|7,251 - 10,889 sqft
Ownership
- Type: Freehold
Zoning
- Description: R-2
Information entered by RE/MAX real estate central alberta
Listing information last updated on: 2025-04-16 16:56:30
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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