333 2 Street E, Drumheller

$999,000

0 Beds
0 Baths
0 Sqft
.17 Acres
0 Garages

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.

Essential Information
MLS® #A2167980
Price$999,000
Bathrooms0.00
Acres0.17
Year Built1948
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address333 2 Street E
SubdivisionDowntown Drumheller
CityDrumheller
CountyDrumheller
ProvinceAlberta
Postal CodeT0J 0Y4
Amenities
Parking Spaces5
Interior
HeatingForced Air
CoolingCentral Air
Exterior
RoofAsphalt Shingle
Construction

Mixed, Vinyl Siding, Wood Frame

Additional Information
ZoningDT
Office

Sotheby's International Realty Canada

LISTING MAP

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