333 2 Street E
Drumheller, Alberta
MLS® A2263230
$899,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2263230
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1940
1 / 18Listing description
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.
Property summary
- MLS® number
- A2263230
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 7,228 sq ft
- Land size
- 7500 square feet
- Built in
- 1940
- Annual property taxes
- $8,100.00
- Parking
- 5 spaces
- Days on market
- 326 days
Features & details
- Heating
- Forced air
- Cooling
- Central air conditioning
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $899,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Sotheby's International Realty Canada, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.