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Descriptions:
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.
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| Status: |
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Active
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| Features: |
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Awning(s), Covered Courtyard, Lighting, Storage, Back Lane, Corner Lot, Lawn, Level, Near Golf Course, Near Shopping Center, Street Lighting |
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| Includes: |
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7 fridges, 7 stoves, 2 dryers(bottom one broken), 1 coin operated washing machine, garden shed |
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| Site Influences: |
| Back Lane, Corner Lot, Lawn, Level, Near Golf Course, Near Shopping Center, Street Lighting |
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| Location & Listing Info: |
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| Nearest Town: |
Bowden |
| Lot Size: |
8,250.00
sq.ft.
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| Property Info: |
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| Property Type: |
Apartment |
| Year Built: |
1968 |
| Brokerage: |
RE/MAX real estate central alberta |
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| Exterior: |
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| Exterior: |
Concrete, Stucco, Wood Frame |
| Roof: |
Metal |
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| Additional Info: |
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| Basement: |
Poured Concrete |
| Floor Finish: |
Carpet, Laminate, Vinyl |
| Parking: |
Parking Pad |
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Contact Bob Wilson - 403-304-4601
5265 45 Street, Lacombe, Alberta, T4L 2A2
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
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