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$580,000

221 Gillett Street, Prince George, BC, V2M 2T3

MLS® # R3075940

3 Beds

Baths

3732  FEETSQ

QuickQuoteTM: $561K - $682K

Prince George BC, V2M 2T3

MLS® # R3075940

Property Information:

Here is this great opportunity to acquire an updated & well maintained four-plex that is earning a 6% cap rate. It offers long-term stability & tenant appeal due to its fabulous location that is near public transit, a short jaunt to CNC, UNBC & the Spruceland Shopping Centre. This well designed property has a top & main floor with three bedrooms, their own laundries & a basement with two unauthorized-suites (a two bedroom & one bedroom with shared laundry). The torch on roof is 2019. There is lots of parking in the front & back. Existing tenants are great. This is an excellent buy & hold investment with consistent income & low annual maintenance. Lot size measurements are taken from tax assessment; all measurements are approximate and should be verified by the buyer if deemed important.

Building Features:

  • Floor Space: 3732 Square Feet

Property Features:

  • Bedrooms: 3
  • Bathrooms: 4+0
  • Annual Tax Amount: $5,103
  • Basement: Full, Finished
  • Built in: 1964
  • Floor Space (approx): 3732 Square Feet
  • Heating: Baseboard, Electric
  • Levels: Two
  • Lot Size: 6000.00 Square Feet
  • Parking Features: Open
  • Security Features: No Fire Sprinkler System, Smoke Detector(s)
  • Structure Type: Multi Family

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.

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Location of 221 Gillett Street, Prince George, BC, V2M 2T3

Demographic Information of 221 Gillett Street, Prince George, BC, V2M 2T3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$101,158.79

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.47 %

High school certificate or equivalent

32.6 %

Apprenticeship trade certificate/diploma

12.02 %

College/non-university certificate

22.18 %

University certificate (below bachelor)

2.07 %

University Degree

15.67 %

Commuter

Travel To Work

By Car

82.83 %

By Public Transit

5.58 %

By Walking

2.21 %

By Bicycle

3.77 %

By Other Methods

5.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.73 %

Houses

87.27 %

Own Vs. Rent