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1451 - 1455 Milburn Ave

Milburn AveVeterans Land ActPrince GeorgeBC, V2L 5A5

9
Beds
4
Baths
3,648
Sq. Ft.
$499,000
List Price
1451 - 1455 Milburn Ave, Prince George, BC - 1 of 3
1451 - 1455 Milburn Ave, Prince George, BC - 2 of 3
1451 - 1455 Milburn Ave, Prince George, BC - 3 of 3
New
10 days on market

Quick Summary

  • Impressive potential 8% CAP rate
  • Substantial $63,000 annual rental revenue
  • Ideal investment for first-time or expanding investors
  • 4-plex with mix of 3, 2, and 1 bedroom units
  • Conveniently located near downtown and university
  • Partial renovations offer value enhancement potential
  • Promising immediate income and long-term growth
  • Located in Prince George, B.C.'s "basecamp to the north"

FLEXIBLE & PROFITABLE INVESTMENT OPPORUNITY with an impressive potential 8% CAP RATE derived from $63,000 in ANNUAL RENTAL REVENUE ($5,500 monthly)! Ideal for First Time Investors or those looking to Safely Expand their Investment Portfolio. This 4-PLEX with: two 3 bed units + one 2 bed + one 1 bed, is located in the heart of Prince... Show More

FLEXIBLE & PROFITABLE INVESTMENT OPPORUNITY with an impressive potential 8% CAP RATE derived from $63,000 in ANNUAL RENTAL REVENUE ($5,500 monthly)! Ideal for First Time Investors or those looking to Safely Expand their Investment Portfolio. This 4-PLEX with: two 3 bed units + one 2 bed + one 1 bed, is located in the heart of Prince George, just 5 min from the bustling downtown area and a mere 10 minutes from UNBC, plus walking distance to school and transit. Partial renovations have been started, offering you the chance to enhance its value further and/or tailor it to current higher rental rates. This is more than just a property; it is YOUR GOLDMINE, promising both Immediate Income and Long-Term Capital Growth, located in B.C.'s "BASECAMP TO THE NORTH"! (id:54626)

Property Details

Size

3,648 sq. ft.
across 2 floors
9 Beds
4 Baths
4 Full

Parking

Carport,Open

Build

Year Built
1974
Model Name
-
Basement
Finished
Exterior
-
Foundation
Concrete Perimeter
Builder Name
-
Stories
2
Flooring
-
Roof
Asphalt shingle

Heating & Cooling

Heating
Forced air
Cooling
-

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
R2929718
Last Updated
September 26, 2024
Brokerage
Royal LePage Little Oak Realty
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