1451-1455 MILBURN AVENUE Active

Prince George,BC V2L5A5

$ 499000

9 Beds

4 Baths

3648 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,648 sqft

Price per Sqft $136

MLS Listing ID R2929718

Style Split level entry

Bedrooms 9

Originating Board BC Northern Real Estate Board

Year Built 1974

Lot Size 5,805 Sqft

Acres 5805.0

Property Description

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:24570)

Location

Province BC

Interior

Heating Forced air,

Exterior

Garage Yes

Waterfront No

View Y/N No

Roof Type Conventional

Private Pool No

Building

Story 2

Architectural Style Split level entry

Others

Ownership Freehold

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