$ 499,000
1451-1455 MILBURN AVENUE Prince George, BC V2L5A5
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$ 499,000
Est. payment | /mo
9 Beds
4 Baths
3,648 SqFt
$ 499,000
Est. payment | /mo
9 Beds
4 Baths
3,648 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
Listed by Royal LePage Little Oak Realty
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