This centrally located six-unit apartment is 100% occupied, has nice cash flow and is close to absolutely everything. Rents are below market so there is excellent opportunity to fix up units and increase rents as tenants turn over. Current stabilized Annual Property Operating Data (APOD) income of $5,278.53/month with expenses of approximately $2,290 including management meaning that even with the below market rents this property has strong positive cash flow. Property has professional management in place. (id:4069)
Address
1933 SPRUCE STREET
List Price
$659,000
Property Type
Multi-family
Area
British Columbia
Sub-Area
Prince George
Floor Area
5,700 Sq. Ft.
Lot Size
0.21 Sq. Ft.
Year Built
1977
MLS® Number
C8070687
Listing Brokerage
Maxsave Real Estate Services
Postal Code
V2L2R5
Amenities
Balconies
