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For sale
  • C$550,000

    2337 20th Ave #2-8, Bowden, AB T0M 0K0

    --beds
    --baths
    2,936sqft
    Apartment
    Built in 1968
    -- sqft lot
    $-- Zestimate®
    C$187/sqft
    C$-- HOA

    What's special

    Vaulted ceiling
    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.
    75 days
    on Zillow
    |
    8
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 16, 2025 at 03:40am

    Listed by:

    Darcy Blair, Associate Broker,

    Re/Max Real Estate Central Alberta,

    Nicole Blair, Associate,

    Re/Max Real Estate Central Alberta

    Source: courtesy of Pillar9 System,MLS®#: A2192944MLS LogoOriginating MLS®#: Central Alberta
    Travel times

    Facts & features

    Interior

    Heating
    • Baseboard, Boiler, Natural Gas
    Appliances
    • Included: Electric Stove, Gas Dryer, Refrigerator, Washer
    • Laundry: In Basement
    Features
    • Flooring: Carpet, Laminate, Vinyl
    Interior area
    • Total interior livable area: 2,936 sqft
    • Finished area below ground: 1,095

    Property

    Parking
    • Total spaces: 7
    • Parking features: Parking Pad
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi Level Unit
    • Stories: 2
    • Exterior features: Awning(s), Covered Courtyard, Lighting, Storage
    • Fencing: None
    Lot
    • Size: 8,276.4 Square Feet
    • Dimensions: 110' x 75
    • Features: Back Lane, Corner Lot, Lawn, Level, Near Golf Course, Near Shopping Center, Street Lighting
    Details
    • Zoning: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Concrete, Stucco, Wood Frame
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • Year built: 1968

    Utilities & green energy

    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Park, Playground
    • Subdivision: NONE
    Location
    • Region: Bowden

    Financial & listing details

    • Price per square foot: C$187/sqft
    • Date on market: 2/12/2025
    • Inclusions: 7 fridges, 7 stoves, 2 dryers(bottom one broken), 1 coin operated washing machine, garden shed
    • Electric utility on property: Yes
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