2021 SPRUCE STREET, Prince George, BC, V2L 2R7

QuickQuote^TM: Not Available

MLS® # R2948117

4 Beds

2 Baths

1257 FEETSQ sqft

Property Information:

Attention investors!! This unique investment opportunity is a property that is earning a 7% cap rate & has a lot of potential. There are two houses on one lot (2021 & 2029). You can live in one & rent out the other or rent out both places. Each house has its own large size fenced yard & driveway. Each house has two bedrooms & one bathroom, while one of them, has an extra room (den) in the basement. Each property rents for $1,200 each per month (2,400 total) ($28,800 yearly revenue); tenants pay their own gas & hydro. Expenses are city utilities $2,800.00, taxes $3,085.00 & insurance $2,900.00. The yearly net revenue is $20,000.00. Lot size is taken from Tax Ass., all measurements are approx. & all info. to be verified by buyer if deemed important.

Building Features:

Floor Space: 1257 Square Feet

Property Features:

Bedrooms: 4
Bathrooms: 2
Annual Tax Amount: $3,085
Basement Area: None
Built in: 1952
Floor Space (approx): 1257 Square Feet
Lot Frontage: 0.00 Feet
Lot Size: 11200.00 Square Feet
Style of Home: Rancher/Bungalow
Title to Land: Freehold NonStrata
Type of Dwelling: House/Single Family

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