333 2 Street E Drumheller, Alberta T0J 0Y4

3,483 ft2
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:52784)

Property Details

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

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 3,483 Ft2
Total Finished Area 3483 Sqft
Type Multi-family

Land

Acreage No
Size Frontage 19.05 M
Size Irregular 7500.00
Size Total 7500 Sqft|7,251 - 10,889 Sqft
Size Total Text 7500 Sqft|7,251 - 10,889 Sqft
Zoning Description Dt

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

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