Multi-Family Apartment Buildings For Sale Alberta

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Main Photo: 333 2 Street E: Drumheller Multi Family for sale : MLS®# A2167980
Photo 1: 333 2 Street E: Drumheller Multi Family for sale : MLS®# A2167980
Photo 2: 333 2 Street E: Drumheller Multi Family for sale : MLS®# A2167980
Photo 3: 333 2 Street E: Drumheller Multi Family for sale : MLS®# A2167980
Photo 4: 333 2 Street E: Drumheller Multi Family for sale : MLS®# A2167980
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Photo 12: 333 2 Street E: Drumheller Multi Family for sale : MLS®# A2167980
Photo 13: 333 2 Street E: Drumheller Multi Family for sale : MLS®# A2167980
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Photo 16: 333 2 Street E: Drumheller Multi Family for sale : MLS®# A2167980
Photo 17: 333 2 Street E: Drumheller Multi Family for sale : MLS®# A2167980
Photo 18: 333 2 Street E: Drumheller Multi Family for sale : MLS®# A2167980
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2167980
Build. Type:
Walk-up
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.
Property Type:
Commercial
Property Sub Type:
Multi Family
Transaction Type:
For Sale
Possession:
Possession Date:
Building Type:
Walk-up
Total Building Area:
3,483 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
7,500 sq. ft.
Lot Frontage:
62'6"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1948 (Age: 76)
Bathrooms:
- (Full:-, Half:-)
Plan:
2691BC
Heating:
Forced Air
Building Name:
Sage Manor
Construction Material:
Mixed, Vinyl Siding, Wood Frame
Structure Type:
Other
Roof:
Asphalt Shingle
Ensuite:
No
Cooling:
Central Air
Garage:
0
Parking Places:
5.0
Parking Total/Covered:
5 / -
Downtown Drumheller
All appliances
None Known
Num. of Parcels:
0
Region:
Drumheller
Zoning:
DT
Listed Date:
Sep 23, 2024
Days on Mkt:
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Listed by Sotheby's International Realty Canada
Data was last updated October 5, 2024 at 10:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.