Calley Erickson
(403) 701-1313
Sotheby's International Realty Canada
403-254-5315
333 2 Street E
Drumheller , Alberta T0J 0Y4
Drumheller , Alberta T0J 0Y4
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333 2 Street E For Sale
$950,000
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 legal 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.
Transaction Type
For Sale
For Sale
Days On Market
218
218
Zoning
DT
DT
Subdivision
Downtown Drumheller
Downtown Drumheller
Building Type
Walk-up
Walk-up
Year Built
1948
1948
Structure Type
Other
Other
Property Type
Commercial
Commercial
Property Sub Type
Multi Family
Multi Family
Legal Plan
2691BC
2691BC
Building Area (Sq. Ft.)
3483.00
3483.00
Building Area (Sq. M.)
323.58
323.58
Lot Size (Sq. Ft.)
7500
7500
Lot Size (Acres)
0.17
0.17
Construction Type
Mixed,Vinyl Siding,Wood Frame
Mixed,Vinyl Siding,Wood Frame
Roof
Asphalt Shingle
Asphalt Shingle
Cooling
Central Air
Central Air
Heating
Forced Air
Forced Air
Inclusions
All appliances
All appliances
Restrictions
None Known
None Known
Reports
RPR,Title
RPR,Title