30,143

MLS® Number R2399099

Triplex For sale

$389,900 or

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

Features

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)

Description

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

Contact me

Calculate mortgage payments

389,900
(%)
(years)
Payment frequency
Payment amount
Monthly payment chart

Estimated property transfer tax

1% of $200,000
2% of remaining value up to and including $2,000,000
3% of remaining portion over $2,000,000
Total Tax Payable

Calculate borrowing capacity

Payment frequency
(%)
(years)
Mortgage amount
  • 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.
1 1 30143
Back top