3806 5th Avenue Prince George, British Columbia V2M 1L2

5,865 sqft

$1,090,000

Well-maintained 6-unit apartment building offering strong income potential & immediate upside. Each unit features 2 bedrooms &1 bathroom, with recent updates including new flooring, fresh paint, modernized kitchen & bathroom cabinetry, &new fridges. Five of the six units are currently vacant, providing a rare opportunity for a new owner to set rents at current market rates &optimize returns from day one. The remaining unit offers income while the building is repositioned. Each unit is equipped with baseboard heat, its own hot water tank, & separate hydro meter, with tenants paying their own utilities to help keep operating costs low. Ideally located on a bus route & in close proximity to schools & downtown, this property offers excellent accessibility &long-term rental appeal. A solid investment opportunity with value-add potential in a convenient, high-demand location (id:58436)

Property Details

MLS® Number C8078165
Property Type Multi-family

Building

Constructed Date 1966
Size Interior 5,865 Sqft

Land

Acreage No
Size Irregular 0.19
Size Total 0.19 Ac
Size Total Text 0.19 Ac

https://www.realtor.ca/real-estate/29648357/3806-5th-avenue-prince-george

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Shauna Lynch
PREC - DIAL THOMAS LYNCH

(250) 640-7079
www.dialthomaslynch.ca/
www.facebook.com/dialthomaslynch

RE/MAX Core Realty
1717 Central St. W
Prince George, British Columbia V2N 1P6

(250) 645-5055
(250) 563-1820

Mark Dial
PREC - DIAL THOMAS LYNCH

(250) 981-3425
www.dialthomaslynch.ca/
www.facebook.com/DialThomaslynch

RE/MAX Core Realty
1717 Central St. W
Prince George, British Columbia V2N 1P6

(250) 645-5055
(250) 563-1820

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