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1462-1464 Village Avenue Prince George, British Columbia V2L 4Y6

7 Bedroom 3 Bathroom 4320 sqft

$389,900

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. (id:25752)

Property Details

MLS® Number R2399099
Property Type Multi-family

Building

Bathroom Total 3
Bedrooms Total 7
Amenities Laundry - In Suite
Appliances Washer, Dryer, Refrigerator, Stove, Dishwasher
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1974
Construction Style Attachment Attached
Fireplace Present No
Foundation Type Concrete Perimeter
Roof Material Asphalt Shingle
Roof Style Conventional
Stories Total 2
Size Interior 4320 Sqft
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Size Irregular 8184
Size Total 8184 Sqft
Size Total Text 8184 Sqft

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=21058026

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