BOW TRAIL APARTMENT BUILDING FOR SALE
Welcome to the Bowmont, a 6 unit, condo converted building in the heart of Rosscarrock, walking distance to the new Westbrook Shopping and LRT and easy access to downtown! If you have ever aspired to getting into the rental market, now is the ideal time. Don't miss the market. This is a great time to consider a revenue generating investment opportunity. This small, manageable building has 6 units which each have a parking stall. Updates include a newer tar and gravel roof (2008), windows(2009), intercom system, boiler, some doors, some appliances, some renovated units, painting and carpet. This quiet building also has common laundry. Currently there are 4 longer term tenants in place and 2 newer leases. Zoning is RM4. Lot size is 50 x 125. The building is wood frame construction. Rents are currently between $835- $950. Several units in the complex have been completely renovated. Condo conversion has been completed. Income is $57,600 and expenses are $29,380. Book a viewing today!