Multi-family for sale
3806 5th Avenue, Quinson, Prince George
$1,090,000
Features
Year Built
1966
Floor Area
5,865 sqft
Lot Size
8,276 sqft
Gross Property Tax
$8,293.50 /year
Building Type
Low Rise (2-4 storeys)
Zoning
RM2
Amenities
Laundry Facility
Suite Mix Information
6 x 2 ½
Total no. of Units
6
Description
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
MLS® Number C8078165