1462-1464 Village Avenue, Prince George

$389,900

7 Beds
3 Baths
4,320 Sqft
.19 Acres
0 Garages

This duplex with suite on one side has great long term tenants, is turn-key with management in place, has room to grow rents, and is in a great location close to everything. The right side top has 2 beds, in-suite laundry, newer laminate floors, and is rented $975. The right side bottom also has 2 beds, separate in suite laundry, and is rented $850. The left side is rented to one 15 year tenant that pays $1009 plus utilities and has great potential for creating a 4th suite with separate entry, top floor laundry already in, and big bright unfinished area that would be an easy kitchen. Total actual rents of $2834 make for an attractive 8.7% CAP rate. Rent increases are due in all units and putting in an extra suite could make for a CAP rate well over 10% which is very rare in a decent area. (id:6289)

Essential Information
Listing #R2399099
Price$389,900
Bedrooms7
Bathrooms3.00
Square Footage4,320
Acres0.19
Year Built1974
TypeMulti-family
Sub-TypeFreehold
Community Information
Address1462-1464 Village Avenue
CityPrince George
ProvinceBritish Columbia
Postal CodeV2L4Y6
Amenities
AmenitiesLaundry - In Suite
ParkingOpen
Interior
Has BasementYes
# of Stories2
Appliances

Washer, Dryer, Refrigerator, Stove, Dishwasher

Exterior
RoofAsphalt shingle
FoundationConcrete Perimeter
Listing Details
OfficeMaxsave Real Estate Services
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