Drumheller, AB T0J 0Y4,333 2 ST E
Drumheller, AB T0J 0Y4,333 2 ST E
Drumheller, AB T0J 0Y4,333 2 ST E
Drumheller, AB T0J 0Y4,333 2 ST E
Drumheller, AB T0J 0Y4,333 2 ST E
Drumheller, AB T0J 0Y4,333 2 ST E
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$ 999,000
Est. payment | /mo

7,500 Sqft Lot


Save
$ 999,000
Est. payment | /mo
Save

7,500 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Downtown Drumheller

MLS® Listing ID A2167980

Originating Board Calgary

Year Built 1948

Annual Tax Amount $6,738

Tax Year 2024

Lot Size 7,500 Sqft

Acres 0.17

Property 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 rental 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.

Location

Province AB

County Drumheller

Zoning DT

Interior

Heating Forced Air

Cooling Central Air

Inclusions All appliances

Exterior

Roof Type Asphalt Shingle

Lot Frontage 62.5

Total Parking Spaces 5

Building

Structure Type Mixed,Vinyl Siding,Wood Frame

Others

Restrictions None Known

Tax ID 91529701

Ownership Private

Listed by Sotheby's International Realty Canada

GET MORE INFORMATION

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.

Dean Hunter