Multi-family for sale
2212 Redwood Street, VLA, Prince George
$699,900
Features
Year Built
1971
Lot Size
10,080 sqft
Gross Property Tax
$5,429.16 /year
Building Type
Low Rise (2-4 storeys)
Zoning
RT1
Suite Mix Information
2 x 1 ½
Total no. of Units
6
Financial Summary
$50,112
Description
This solid 6 unit apartment has lots of updates, is in a central location close to downtown and has all long term tenants that have been in the building for many years. It has 2 - 1 bedroom units, 4 - 2 bedroom units, Total income is currently $50,112 including coin laundry and there is lots of room to grow rents to as much as $57,600 at current market rates. It also has separate meters for hydro and heat, newer windows, newer interior doors, heat sensors, redone heating and lots of new flooring and paint. This is a great opportunity for an investor to own their 1st multifamily unit.
MLS® Number C8037290