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333 2 Street E Drumheller, Alberta T0J 0Y4

3483 sqft
Central Air Conditioning Forced Air

$999,000

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 rental 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:51438)

Property Details

MLS® Number A2167980
Property Type Multi-family
Neigbourhood North Drumheller
Community Name Downtown Drumheller
ParkingSpaceTotal 5
Plan 2691bc

Building

ConstructedDate 1948
ConstructionMaterial Wood Frame
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
HeatingType Forced Air
SizeExterior 3483 Sqft
SizeInterior 3483 Sqft
TotalFinishedArea 3483 Sqft
Type Multi-family

Land

Acreage No
SizeFrontage 19.05 M
SizeIrregular 7500.00
SizeTotal 7500 Sqft|7,251 - 10,889 Sqft
SizeTotalText 7500 Sqft|7,251 - 10,889 Sqft
ZoningDescription Dt

https://www.realtor.ca/real-estate/27459960/333-2-street-e-drumheller-downtown-drumheller

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