5,865 sqft
$1,090,000
Well-maintained 6-unit apartment building offering strong income potential & immediate upside. Each unit features 2 bedrooms &1 bathroom, with recent updates including new flooring, fresh paint, modernized kitchen & bathroom cabinetry, &new fridges. Five of the six units are currently vacant, providing a rare opportunity for a new owner to set rents at current market rates &optimize returns from day one. The remaining unit offers income while the building is repositioned. Each unit is equipped with baseboard heat, its own hot water tank, & separate hydro meter, with tenants paying their own utilities to help keep operating costs low. Ideally located on a bus route & in close proximity to schools & downtown, this property offers excellent accessibility &long-term rental appeal. A solid investment opportunity with value-add potential in a convenient, high-demand location (id:40390)
Property Details
|
MLS® Number
|
C8078165 |
|
Property Type
|
Multi-family |
Building
|
Constructed Date
|
1966 |
|
Size Interior
|
5,865 Sqft |
Land
|
Acreage
|
No |
|
Size Irregular
|
0.19 |
|
Size Total
|
0.19 Ac |
|
Size Total Text
|
0.19 Ac |
https://www.realtor.ca/real-estate/29648357/3806-5th-avenue-prince-george