Key Facts
- MLS® #: A2263230
- Property ID: SIRC2858402
- Property Type: Commercial, Multi-Family Home
- Living Space: 7,228 sq.ft.
- Lot Size: 0.17 ac
- Year Built: 1940
- Parking Spaces: 5
- Listed By:
- Calley Erickson
Property 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.
Ask Me For More Information
Location
333 2 Street E, Drumheller, Alberta, T0J 0Y4 Canada
Around this property
Information about the area within a 5-minute walk of this property.
Request Neighbourhood Information
Learn more about the neighbourhood and amenities around this home
Request NowPayment Calculator
- $
- %$
- %
- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0
Marketed By
Sotheby’s International Realty Canada
5111 Elbow Drive SW
Calgary, Alberta, T2V 1H2