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.
Property Type:
Multi-Family
Property Sub Type:
Apartment
Transaction Type:
For Sale
Total Living Area:
2,936 sq. ft.273 m2
Below Grade Finished Area:
1,095 sq. ft.102 m2
Lot Area:
8,250 sq. ft.766 m2
Lot Details:
110' x 75
Stories Total:
2
Levels:
Multi Level Unit
Year built:
1968
(Age: 57)
Bathrooms:
-
(Full:-, Half:-)
Plan:
54JK
Heating:
Baseboard, Boiler, Natural Gas
Foundation:
Poured Concrete
Furnished:
Unfurnished
Construction Material:
Concrete, Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Metal
Ensuite:
No
Flooring:
Carpet, Laminate, Vinyl
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
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