Property Description
This charming multi-family building is situated in the heart of Drumheller's historic downtown revitalization district and has been beautifully maintained and renovated. It boasts a spacious 3,483 sqft layout and contains five self-contained rental suites ranging from one to three bedrooms, some with ensuites. The property has undergone extensive renovations, including upgrades to the electrical, windows, appliances, air conditioning units (5), furnaces, and a new roof. Additionally, each unit offers off-street parking, in-suite laundry, and separate secure storage. Drumheller is a town that experiences high demand for long-term rental properties. The area is home to several industries that provide stable employment opportunities, such as coal mining, agriculture, and tourism, which creates a need for long-term rentals for those relocating for work. In addition to its strong rental market, Drumheller offers affordable real estate prices compared to larger cities. This makes it an attractive option for rental property investors who are looking for affordable investment opportunities with good returns. Don't miss your chance to build a profitable rental property portfolio in this charming town!
Contact Agent
Calley Erickson
403.701.1313
Property Details
Property Type
Multi Family
Bedrooms
10
Bathrooms
7
Size
3,483 sqft
Floors
3
Year Built
Property Location
333 2 Street East, Drumheller, AB, Canada