For Sale: 1-4-320075 Range Road 240, Rural Kneehill County, AB - REW
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$399,000
7 bd • 4 ba • 3369 sf • Apt/Condo
1-4-320075 Range Road 240
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$399,000
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1-4 - 320075 Range Road 240Rural Kneehill County, AB, T0M 1A0

  • 7 Bed
  • 4 Bath
  • 3369 Sqft
  • Apt/Condo

About this home

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)
Listed by: Blane Friesen, CIR Realty

Home facts and features

Price details
List Price
$399,000
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Home facts
Bedrooms
7
Full Bathrooms
4
Property Type
Apt/Condo
Year Built
Built in 1947 (79 yrs old)
Style
Acreage with Residence,Apartment-Multi Level Unit,Attached-Up/Down
Heating Type
Baseboard,Natural Gas
Basement Details
Full
Features
Ceiling Fan(s), Cleared, Few Trees, Fire Pit, Front Yard, In Basement, Laminate Counters, Level, Open Lot, Separate Entrance
Appliances
Dryer, Washer
Agent details
Primary Agent
Primary Broker
CIR Realty
Listing details
Days on REW
144 Days
Property Views
64
MLS® Number
A2278728
Source
Pillar 9
Board
Central Alberta REALTORS® Association
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25 Years
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3.99%

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Property Insights

Prairie Christian Academy
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Three Hills School
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Call Agent
Blane Friesen
Phone:
403-597-3068
Office:
403-358-3883
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