575 Evergreen Drive, Port Edward

$499,000 |   MLS® Number  C8075311

Multi-family for sale in Port Edward, Prince Rupert, 575 Evergreen Drive, 224980380 | Realtylink.org

Multi-family for sale

Year Built
1969
Lot Size
14,334 sqft
Gross Property Tax
$2,643.94 /year
Building Type
Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
Zoning
R2
Amenities
Outside Storage, Fenced Yard
Suite Mix Information
8 x 1 ½
Total no. of Units
8
Financial Summary
$5,097

Situated in desirable Port Edward, Evergreen Apartments sits on a flat 14,334 sq. ft. lot across from a ballpark and near the marina. The property includes eight one-bedroom units and a common laundry area, with individual hydro meters and baseboard heating in each suite. Currently cash-flowing and professionally managed, the building also offers ample fenced parking and storage at the rear. With upside potential for future improvements, this asset presents strong long-term value appreciation. Monthly rental income is $5,097.87.