$999,000
( )
 $5,363 forsale estimated payment Sourced by Back At You

333 2 Street , Drumheller, AB T0J 0Y4

Drumheller, AB T0J 0Y4

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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.

Details

MlsA2167980
Listing TypeFor Sale
StyleAttachd
BuildingnameSage Manor
SubtypeResale
StatusActive
Year1948
Days On Site74
Listing Provided BySotheby's International Realty Canada | Calley Erickson

Features

Sq Feet3,483
ZoningDT
Acreage0.17
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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Learn More About This Property

StateAB
CountyDrumheller
CityDrumheller
Zip CodeT0J 0Y4
AreaDrumheller
Community NameDowntown Drumheller
Listing VS Median (in Downtown Drumheller)
Price:
$999,000
low | high
Med:
$237,450
100% of Average
SqFt:
3,483
low | high
Med:
2,673
73.255813953488% of Average
$ / SqFt:
$287
low | high
Med:
$89
100% of Average
On Site:
74
low | high
Med:
142.000000
52.112676056338% of Average
Sourced by Back At You
Listing Updated: October 30, 2024 at 1:09:00 AM PDT