* PREC - Personal Real Estate Corporation. Attention investors!! This unique investment opportunity is a property that is earning a 7% cap rate & has a lot of potential. There are two houses on one lot (2021 & 2029). You can live in one & rent out the other or rent out both places. Each house has its own large size fenced yard & driveway. Each house has two bedrooms & one bathroom, while one of them, has an extra room (den) in the basement. Each property rents for $1,200 each per month (2,400 total) ($28,800 yearly revenue); tenants pay their own gas & hydro. Expenses are city utilities $2,800.00, taxes $3,085.00 & insurance $2,900.00. The yearly net revenue is $20,000.00. Lot size is taken from Tax Ass., all measurements are approx. & all info. to be verified by buyer if deemed important. (id:4069)
Address
2021 SPRUCE STREET
List Price
$299,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Ranch
Area
British Columbia
Sub-Area
Prince George
Bedrooms
4
Bathrooms
2
Floor Area
891 Sq. Ft.
Lot Size
11200 Sq. Ft.
Year Built
1952
MLS® Number
R2948117
Listing Brokerage
Royal LePage Aspire Realty
Basement Area
None
Postal Code
V2L2R7
