FLEXIBLE & PROFITABLE INVESTMENT OPPORUNITY with an impressive potential 8% CAP RATE derived from $63,000 in ANNUAL RENTAL REVENUE ($5,500 monthly)! Ideal for First Time Investors or those looking to Safely Expand their Investment Portfolio. This 4-PLEX with: two 3 bed units + one 2 bed + one 1 bed, is located in the heart of Prince George, just 5 min from the bustling downtown area and a mere 10 minutes from UNBC, plus walking distance to school and transit. Partial renovations have been started, offering you the chance to enhance its value further and/or tailor it to current higher rental rates. This is more than just a property; it is YOUR GOLDMINE, promising both Immediate Income and Long-Term Capital Growth, located in B.C.'s "BASECAMP TO THE NORTH"! (id:4069)
Address |
1451-1455 MILBURN AVENUE |
List Price |
$499,000 |
Property Type |
Multi-family |
Type of Dwelling |
Fourplex |
Style of Home |
Split level entry |
Area |
British Columbia |
Sub-Area |
Prince George |
Bedrooms |
9 |
Bathrooms |
4 |
Floor Area |
3,648 Sq. Ft. |
Lot Size |
5805 Sq. Ft. |
Year Built |
1974 |
MLS® Number |
R2929718 |
Listing Brokerage |
Royal LePage Little Oak Realty
|
Basement Area |
Full (Finished) |
Postal Code |
V2L5A5 |