MLS® Number R2399099

Triplex For sale

$389,900 or

1462-1464 Village Avenue, South Fort George, Prince George


21 rooms 7 bedrooms 3+0 bathrooms/half baths
262420726 389900 /en/triplex~for-sale~south-fort-george-prince-george/262420726?view=Summary /en/triplex~for-sale~south-fort-george-prince-george/262420726/photos 53.8953077926 -122.7488170361 true
Style Rancher/Bungalow W/Bsmt., Split Entry
Year Built 1974
Floor Area 4,320 sqft
Lot Size 8,184 sqft
Features Clthwsh/Dryr/Frdg/Stve/Dw
Amenities In Suite Laundry
Property Taxes $3,184 (2019)


This duplex with suite on one side has great long term tenants, is turn-key with management in place, has room to grow rents, and is in a great location close to everything. The right side top has 2 beds, in-suite laundry, newer laminate floors, and is rented $975. The right side bottom also has 2 beds, separate in suite laundry, and is rented $850. The left side is rented to one 15 year tenant that pays $1009 plus utilities and has great potential for creating a 4th suite with separate entry, top floor laundry already in, and big bright unfinished area that would be an easy kitchen. Total actual rents of $2834 make for an attractive 8.7% CAP rate. Rent increases are due in all units and putting in an extra suite could make for a CAP rate well over 10% which is very rare in a decent area.
Mike Hurrell

Mike Hurrell

Maxsave Real Estate Services

Maxsave Real Estate Services

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1% of $200,000
2% of remaining value up to and including $2,000,000
3% of remaining portion over $2,000,000
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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
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  • 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.
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