Listing Details
Subtype: Multiplex
Total building size (sq. ft.): 1800
Units: 4
Baths: 4
Total Area: 1,800 sq ft
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.
Location & nearby
This listing is located in Bowden, AB T0M 0K0
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