333 2 Street E, Drumheller, Alberta T0J 0Y4

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:27476)

This multi-family property is located in the heart of Drumheller's historic downtown revitalization district and has been meticulously maintained and updated. With a generous 3,483 sqft layout, it comprises five self-contained rental suites, ranging from one to three bedrooms, some with en-suites. The property has undergone extensive renovations, including electrical upgrades, new windows, appliances, five air conditioning units, furnaces, and a new roof. Each unit also offers off-street parking, in-suite laundry, and secure separate storage.

Drumheller is a town with a high demand for long-term rental properties, thanks to its stable employment opportunities in industries such as coal mining, agriculture, and tourism. This creates a need for long-term rentals for those relocating for work. Additionally, Drumheller offers affordable real estate prices compared to larger cities, making it an attractive option for rental property investors seeking affordable investment opportunities with good returns.

Don't miss out on the chance to build a profitable rental property portfolio in this charming town!

This property is for sale and boasts a land size of 7500 sqft. It is located at 333 2 Street E in the city of Drumheller, Alberta, with a postal code of T0J0Y4. Situated in the Downtown Drumheller community, the property features central air conditioning, vinyl siding exterior finish, and forced air heating. It is classified as a multi-family property.