1451-1455 Milburn Avenue Prince George, British Columbia V2L 5A5
$499,000
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:57101)
Property Details
| MLS® Number | R2929718 |
| Property Type | Multi-family |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 9 |
| Architectural Style | Split Level Entry |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1974 |
| Construction Style Attachment | Attached |
| Foundation Type | Concrete Perimeter |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Roof Material | Asphalt Shingle |
| Roof Style | Conventional |
| Stories Total | 2 |
| Size Interior | 3648 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Carport | |
| Open |
Land
| Acreage | No |
| Size Irregular | 5805 |
| Size Total | 5805 Sqft |
| Size Total Text | 5805 Sqft |
https://www.realtor.ca/real-estate/27464785/1451-1455-milburn-avenue-prince-george
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September 26 2024 06:25:15
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