Multi-Family
Year Built: 1948
Area: 3483 sqft
Car Parking: 5
333 2 Street E Drumheller, Alberta T0J 0Y4
$899,900
Description
Situated in the heart of Drumheller’s revitalized historic downtown, this charming multi-family building blends character with modern updates, making it a prime investment opportunity. Spanning 5,225 square feet (total), the property includes five self-contained legal suites, ranging from one to three bedrooms, with some offering ensuite bathrooms for added convenience. Extensive renovations include upgraded electrical systems, windows, appliances, air conditioning units (5), furnaces, and a new roof, ensuring peace of mind for both owner and tenants. Each unit is thoughtfully designed with off-street parking, in-suite laundry, and secure storage, enhancing tenant convenience. With Drumheller's growing demand for long-term rentals, driven by local industries like agriculture and tourism, this property presents a stable and attractive investment. The town’s affordable real estate market, especially compared to larger cities, adds to its appeal for investors looking to expand or establish a profitable rental portfolio. Don’t miss the opportunity to invest in this thriving community with high potential for strong returns. (id:51913)
Property Details
| Parking Space Total : 5 |
| Plan : 2691bc |
| MLS® Number : A2167980 |
| Property Type : Multi-family |
| Community Name : Downtown Drumheller |
Building
| Constructed Date : 1948 |
| Construction Material : Wood Frame |
| Cooling Type : Central Air Conditioning |
| Exterior Finish : Vinyl Siding |
| Heating Type : Forced Air |
| Size Exterior : 3483 Sqft |
| Size Interior : 3483 Sqft |
| Total Finished Area : 3483 Sqft |
| Type : Multi-family |
Land
| Size Total : 7500 Sqft|7,251 - 10,889 Sqft |
| Size Total Text : 7500 Sqft|7,251 - 10,889 Sqft |
| Size Frontage : 19.05 M |
| Acreage : No |
| Size Irregular : 7500.00 |
| Zoning Description : Dt |
Map
Agents and Offices
- Calley Erickson
- Matthew Doliszny
- Office: Sotheby's International Realty Canada
