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:55577)
Property Features
- MLS® Number A2296697
- Price $1,279,000
- Square Footage: 2346 sqft
- Property Type: Multi-Family
- Community Name: Bowness
- Parking Space Total 4
- Plan 4610aj
Buildings
| 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 | 2346 Sqft |
| Total Finished Area | 2346.5 Sqft | Type | Multi-family |
Parking
| Other | |
| Parking Pad |
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 |
Agents and Offices
- Beth MacInnis
- Office: Real Broker