A rare 4 Plex on 4 acres just minutes north of Three Hills, Alberta, this 4-acre country residential property offers an opportunity to own a four-plex on acreage within walking distance to downtown amenities, schools, and services. Originally built in 1947 and later converted to a four-unit dwelling, this property blends rural space with small-town convenience in a vibrant, growing community. It is priced below appraisal with repositioning potential. Use the extra land for added income such as RV storage, horse or livestock boarding. The building is configured as a four-plex consisting of two main-floor units, one upper-level unit, and one basement unit, each with its own unique layout and character. All units are currently rented on one-year leases, generating steady income, with the seller preferring to sell with tenants in place. Possession is flexible and may be fast, subject to tenancy.
Utilities are combined for the building and currently included in rent, making this property attractive for buyers seeking a simplified management setup. Heating is provided by three natural gas furnaces, with town water supplied by Kneehill County, and a tank & open-discharge septic system that is regularly maintained and pumped annually. There are no active wells on the property.
The property includes shared laundry facilities in the basement (1 washer & 1 dryer)
Contact Lisa Suarez About MLS® A2278728
Required Field
Lisa Suarez, (403) 782-3171 at Royal LePage Lifestyles Realty, 5820 Highway 2A, Lacombe, Alberta, T4L 2G5
property information
Property Type: Apartment Style Condo
MLS®#: A2278728
Style: Acreage with Residence,Apartment-Multi Level Unit,Attached-Up/Down
Year Built: 1947
Lot Size: 174,240.00 sq.ft.
Total Floor Area: 3,369 sq.ft
Community Information
Address: 1-4 - 320075 Range Road 240
Neighbourhood: NONE
City: Rural Kneehill County
Nearest Town: Rural Kneehill County
Postal Code: T0M 1A0
interior
Included: Fridge x3, Oven x3 washer X1 Dryer x1
Bedrooms: 7
Bathrooms: Full: 4
Basement: Poured Concrete
Floor Finish: Linoleum, Wood
exterior
Exterior Features: Cleared, Few Trees, Front Yard, Level, Open Lot
Exterior Finish: Wood Frame, Wood Siding
Roof: Asphalt Shingle
services & amenities
Features: Fire Pit, Ceiling Fan(s), Laminate Counters, Separate Entrance, Cleared, Few Trees, Front Yard, Level, Open Lot
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.