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Rental 4plex For Sale In Bowden

Not on MLS®

$399,500

For Sale: in

Updated Jul 15, 2022
Rental 4plex For Sale In Bowden

Listing Details

Co-op commission:

Subtype: Multiplex

Total building size (sq. ft.): 1800

Units: 4

Baths: 4

Description

Investment rental opportunity in Town of Bowden, Alberta. This town is located between Olds and Innisfail, 30 minutes south of Red Deer and 45 minutes from Calgary City limits. Renovated 4-plex consisting of 2 x 2 bedroom units and 2 x 1 bedroom basement units. Large yard with 2 storage sheds and a parking for 6 cars. The lot is 50x150. Building is fully rented with long-term tenants. Gross rent $42,000 per year, CAP 7.5%. Recent upgrades include new roof, new fence and newer hot water tanks. Asking $399,500, we can also explore vendor financing options.

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Location & nearby

This listing is located in Bowden, AB T0M 0K0

2307 19 Ave, Bowden, AB T0M 0K0, Canada

Stan Sirotkin

Principal

Very responsive to messages


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