Incredible investment opportunity to own a highly coveted 8-plex, backing onto a park and green space, in the heart of Bowness. This special building has displayed pristine condition for over 40 years. The current owner continued with meticulous pride in ownership after the previous owner who held the property for over 35 years. This buildings has maintained near 100% tenancy since it was purchased and continues to be a sought-after, income producing, building. Featuring 6 - large, 2 bedroom units, and 2 - large, 1 bedroom units, all with their own dedicated balcony, in-suite storage and paved parking stall. The units and common area are in good to great repair with paint, appliances, flooring, fixtures etc. upgraded or replaced as necessary. Additionally, the building has coin operated washer and dryer, plus a security cameras with video surveillance, available on your web connected device. Also included are items in the "general store"; a large storage room the previous owner established that holds a plethora of extra's and maintenance items. 8-plex's rarely hit the market, rarer still, buildings of this quality and marketability. (id:55577)
Property Features
- MLS® Number A2296391
- Price $2,149,999
- Square Footage: 7920 sqft
- Property Type: Multi-Family
- Community Name: Bowness
- Parking Space Total 8
- Plan 5444fn
Buildings
| Constructed Date | 1972 | Construction Material | Wood Frame |
| Foundation Type | Poured Concrete | Heating Type | Baseboard Heaters |
| Size Exterior | 7919.69 Sqft | Size Interior | 7920 Sqft |
| Total Finished Area | 7919.69 Sqft | Type | Multi-family |
Land
| Acreage | No | Size Depth | 45.73 M |
| Size Frontage | 22.86 M | Size Irregular | 11248.29 |
| Size Total | 11248.29 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) | Size Total Text | 11248.29 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Zoning Description | M-c1 |
Agents and Offices
- Paul Paterson
- Office: Real Estate Professionals Inc.