Fourplex for sale

1451-1455 Milburn Avenue, VLA, Prince George

$499,000 or
$499,000 or

Fourplex for sale

1451-1455 Milburn Avenue, VLA, Prince George

Features

Lifestyle
20 rooms
9 bedrooms
4 bathrooms
262951345 499000 /en/fourplex~for-sale~vla-prince-george/262951345?view=Summary /en/fourplex~for-sale~vla-prince-george/262951345/photos 53.9007400000 -122.7531000000 true
Style
Split Entry
Year Built
1974
Floor Area
3,648 sqft
Lot Size
5,805 sqft
Lot Frontage
56 ft
Parking Spaces
4
Property Taxes
$4,425 (2024)
58

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"!
MLS® Number R2929718

Listing REALTOR®

Gennady Krivoy, REALTOR<sup>®</sup>

Gennady Krivoy

REALTOR®

Royal LePage Little Oak Realty

Royal LePage Little Oak Realty,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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