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320075 Range Road 240, Rural Kneehill County
2026-01-14
Quick Summary
MLS®#A2278728
Property Description
A rare 4 Plex on 4 acres just minutes north of Three Hills, Alberta, this 4-acre country residential property offers an opportunity to own a four-plex on acreage within walking distance to downtown amenities, schools, and services. Originally built in 1947 and later converted to a four-unit dwelling, this property blends rural space with small-town convenience in a vibrant, growing community. It is priced below appraisal with repositioning potential. Use the extra land for added income such as RV storage, horse or livestock boarding. The building is configured as a four-plex consisting of two main-floor units, one upper-level unit, and one basement unit, each with its own unique layout and character. All units are currently rented on one-year leases, generating steady income, with the seller preferring to sell with tenants in place. Possession is flexible and may be fast, subject to tenancy.Utilities are combined for the building and currently included in rent, making this property attractive for buyers seeking a simplified management setup. Heating is provided by three natural gas furnaces, with town water supplied by Kneehill County, and a tank & open-discharge septic system that is regularly maintained and pumped annually. There are no active wells on the property.The property includes shared laundry facilities in the basement (1 washer & 1 dryer) (id:32467)
Property Features
Building
- Appliances: Washer, Dryer
- Basement Development: Finished
- Basement Features: Separate entrance, Walk out
- Basement Type: Full (Finished)
- Construction Style: Attached
- Cooling Type: None
- Exterior Finish: Wood siding
- Fireplace: No
- Flooring Type: Linoleum, Wood
- Interior Size: 3369 sqft
- Stories: 1.5
- Utility Water: Municipal water
Features
- Feature: Level
Land
- Land Size: 4 ac|2 - 4.99 acres
- Sewer: Septic tank
Ownership
- Type: Freehold
Structure
- Structure: Deck
Zoning
- Description: CR
Information entered by CIR Realty
Listing information last updated on: 2026-01-14 18:41:12
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
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.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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