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5 Unit Multi-Family Opportunity

333 2 Street East, Drumheller, AB, Canada

For Sale

$999,000

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

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