333 2 Street E, Drumheller, Alberta

$899,900

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7,228

Square feet

0.17

Acres

About 333 2 Street E

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. (id:36535)

Features of 333 2 Street E

Listing # A2263230
Price $899,900
Bathrooms 0.00
Square Footage 7,228
Acres 0.17
Year Built 1940
Type Multi-family

Community Information

Address 333 2 Street E
Subdivision Downtown Drumheller
City Drumheller
Province Alberta
Postal Code T0J0Y4

Amenities

Parking Spaces 5
Is Waterfront No
Has Pool No

Interior

Heating Forced air
Cooling Central air conditioning
Fireplace No
Has Basement No

Exterior

Exterior Vinyl siding
Construction Wood frame

Listing Details

OfficeCourtesy Of Sotheby's International Realty Canada

Listing Map