1595 INGLEDEW STREET

Multi-family For Sale in Prince George, British Columbia

$3,288,000
  • 16,500 Sq. Ft.
  • Built 9999
Jacobs Apartments, nestled in the quiet area of the Miller Addition in Prince George is a turnkey investment, that has been well maintained through the years. Sitting on 5 lots, this fabulous investment has 29 units consisting of six 2-bedroom suites, eight 1-bedroom suites & fifteen studios that are fully rented, rarely has a vacancy & has great cash flow . There is in-house laundry which the seller owns, storage lockers & ample parking with 25-30 stalls with plug ins. Rental increases in conjunction with market growth, will let a savvy investor have the opportunity for a projected cap rate that will be higher. Buildings like this do not come along very often & this could be your chance to own a cash-flowing multi-family property that is very easy to manage remotely. Prince George has a diverse local economy and a stable real estate market. Lot size measurement is taken from Tax Assessment, all measurements are approximate and all information is to be verified by buyer if deemed important. * PREC - Personal Real Estate Corporation (id:4069)
Address
1595 INGLEDEW STREET
List Price
$3,288,000
Property Type
Multi-family
Area
British Columbia
Sub-Area
Prince George
Floor Area
16,500 Sq. Ft.
Lot Size
0.37 Sq. Ft.
Year Built
9999
MLS® Number
C8067709
Listing Brokerage
Royal LePage Aspire Realty
Postal Code
V2L1K6

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Grand Forks Realty Ltd

Grand Forks Realty Ltd

272 Central Ave. Box 2050 Grand Forks, BC V0H 1H0

Office: 250-442-2711

Toll Free: 1-800-567-3199

gfrealtyoffice@gmail.com