1595 INGLEDEW STREET, Prince George

2024-06-11
 

Quick Summary

Location
1595 INGLEDEW STREET, Prince George, British Columbia V2L1K6
Price
$3,388,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
16500ft2
Year of Construction:
9999

MLS®#C8060699

Property Description

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:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 16500 sqft

Land

  • Land Size: 0.37 ac

Information entered by Royal LePage Aspire Realty
Listing information last updated on: 2024-09-19 16:56:51


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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