320075 Range Road 240 #1-4, Rural Kneehill County, AB T0M 1A0
320075 Range Road 240 #1-4, Rural Kneehill County, AB T0M 1A0
320075 Range Road 240 #1-4, Rural Kneehill County, AB T0M 1A0
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$425,000
Est. payment /mo
7 Beds
4 Baths
3,368 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,368 sqft

Price per Sqft $126

MLS® Listing ID A2278728

Style Acreage with Residence,Apartment-Multi Level Unit,Attached-Up/Down

Bedrooms 7

Full Baths 4

Year Built 1947

Annual Tax Amount $2,636

Tax Year 2025

Lot Size 4.000 Acres

Acres 4.0

Property Sub-Type Apartment

Source Central Alberta

Property Description

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)

Location

Province AB

County Kneehill County

Zoning CR

Direction W

Rooms

Basement Full

Interior

Interior Features Ceiling Fan(s), Laminate Counters, Separate Entrance

Heating Baseboard, Natural Gas

Cooling None

Flooring Linoleum, Wood

Inclusions Fridge x3, Oven x3 washer X1 Dryer x1

Appliance Dryer, Washer

Laundry In Basement

Exterior

Parking Features Additional Parking, None

Fence Partial

Community Features None

Roof Type Asphalt Shingle

Porch Deck

Exposure E

Building

Lot Description Cleared, Few Trees, Front Yard, Level, Open Lot

Foundation Poured Concrete

Sewer Septic Tank

Water Public

Architectural Style Acreage with Residence, Apartment-Multi Level Unit, Attached-Up/Down

Level or Stories Multi Level Unit

Structure Type Wood Frame,Wood Siding

Others

Restrictions Utility Right Of Way

Tax ID 57241372

Ownership Private

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Listed by CIR Realty

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Karen Cannady

Karen Cannady

+1(780) 385-8795

Agent | License ID: Agent

Agent License ID: Agent

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