For sale

Description

Nestled in the heart of Drumheller's historic downtown revitalization district, this charming multi-family building exudes character and potential. Boasting a spacious 3,483 sqft layout, it comprises five self-contained rental suites, ranging from one to three bedrooms, some with ensuites. Extensively renovated, the property features upgraded electrical, windows, appliances, air conditioning units (5), furnaces, and a new roof. Each unit offers off-street parking, in-suite laundry, and secure storage, ensuring convenience and comfort for tenants. Drumheller's strong demand for long-term rental properties, driven by industries like coal mining, agriculture, and tourism, presents an opportunity for stable returns on investment. With affordable real estate prices compared to larger cities, Drumheller is an enticing prospect for investors seeking lucrative opportunities in the rental market. Don't miss out on the chance to establish a profitable rental property portfolio in this appealing town! (id:51913)

Key Details

  Multi-Family
 7228 sqft

Price

$999,000

Property Features

  • MLS® Number A2104840
  • Price $999,000
  • Square Footage: 7228 sqft
  • Property Type: Multi-Family
  • Community Name: Downtown Drumheller
  • Parking Space Total 5
  • Plan 2691bc

Buildings

Constructed Date 1948 Construction Material Wood Frame
Cooling Type Central Air Conditioning Exterior Finish Vinyl Siding
Heating Type Forced Air Size Exterior 7228 Sqft
Size Interior 7228 Sqft Total Finished Area 7228 Sqft
Type Multi-family

Land

Acreage No Size Frontage 19.05 M
Size Irregular 7500.00 Size Total 7500 Sqft|7,251 - 10,889 Sqft
Size Total Text 7500 Sqft|7,251 - 10,889 Sqft Zoning Description Dt

Agents and Offices

  • Calley Erickson
  • Matthew Doliszny
  • Office: Sotheby's International Realty Canada
Address

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