2,346 ft2
Other
None
Baseboard Heaters, Hot Water
$1,279,000
A fully conforming 4-plex in the heart of Bowness. This building (1969 build) boasts three 3-bdrm units and one 2-bdrm unit. One 3-bdrm suite recently renovated; attic ventilation improved with vents and fans (2025). All units off a central hallway system. There is a central boiler (serviced annually) for gas fired, hot water heating throughout the building and common laundry room in the basement. Property has been generating gross annual rental income of $90,000. All units are on fixed one year term leases and owner pays utilities. There is a parking pad in the back with 4 stalls. This meticulously owner-managed property provides an opportunity to boost revenue through further interior updates to achieve higher rents. Located in Bowness and easy access to bus, restaurants and shops. (id:63476)
Property Details
|
MLS® Number |
A2296697 |
|
Property Type |
Multi-family |
|
Community Name |
Bowness |
|
Parking Space Total |
4 |
|
Plan |
4610aj |
Building
|
Appliances |
Washer, Refrigerator, Stove, Dryer |
|
Architectural Style |
Other |
|
Basement Development |
Finished |
|
Basement Type |
Full (finished) |
|
Constructed Date |
1969 |
|
Cooling Type |
None |
|
Exterior Finish |
Brick, Stucco, Vinyl Siding |
|
Foundation Type |
Poured Concrete |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Baseboard Heaters, Hot Water |
|
Stories Total |
1 |
|
Size Interior |
2,346 Ft2 |
|
Total Finished Area |
2346.5 Sqft |
|
Type |
Multi-family |
Parking
Land
|
Acreage |
No |
|
Size Irregular |
665.00 |
|
Size Total |
665 M2|4,051 - 7,250 Sqft |
|
Size Total Text |
665 M2|4,051 - 7,250 Sqft |
|
Zoning Description |
M-c1 |