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Multi-family for sale
1917 Spruce Street, Van Bow, Prince George
$659,000
$659,000
Multi-family for sale
1917 Spruce Street, Van Bow, Prince George
Features
Year Built
1977
Floor Area
5,700 sqft
Lot Size
9,180 sqft
Gross Property Tax
$6,839.34 /year
Building Type
Low Rise (2-4 storeys)
Zoning
RM4
Subject Property Width
90 ft
Subject Property Depth
102 ft
Amenities
Balconies, Laundry Facility
Suite Mix Information
6 x 1 ½
Total no. of Units
6
Financial Summary
$79,200
Description
This centrally located 6 unit apartment has excellent cash flow and is close to absolutely everything. Units could use some updating but building has newer roof and is in general good repair. Current stabilized APOD income of $6421.80/month with expenses of approximately $2407 including management meaning this property has strong positive cash flow and CAPP rate exceeding 7.2%.
MLS® Number C8073664