333 2 Street E

Multi Family For Sale in Downtown Drumheller, Drumheller

$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.
Address 333 2 Street E
List Price $999,000
Property Type Commercial
Type of Dwelling Multi Family
Area Drumheller
Sub-Area Downtown Drumheller
Lot Size 7500 Sq. Ft.
Year Built 1948
MLS® Number A2167980
Listing Brokerage Sotheby's International Realty Canada
Postal Code T0J 0Y4
Zoning DT

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RE/MAX Complete Realty Okotoks

RE/MAX Complete Realty Okotoks

29A Elizabeth St Okotoks Alberta T1S 1B1

Office: 403-407-2017

office@remaxcompleterealty.ca