333 2 Street E, Drumheller

2024-09-24
 

Quick Summary

Location
333 2 Street E, Drumheller, Alberta T0J0Y4
Price
$999,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3483ft2
Year of Construction:
1948

MLS®#A2167980

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 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:32467)

Property Features

Building

  • Cooling Type: Central air conditioning
  • Exterior Finish: Vinyl siding
  • Fireplace: No
  • Interior Size: 3483 sqft
  • Building Type: Multi-Family

Land

  • Land Size: 7500 sqft|7,251 - 10,889 sqft

Zoning

  • Description: DT

Information entered by Sotheby's International Realty Canada
Listing information last updated on: 2024-10-29 17:11:54


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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