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1921 UPLAND Street in Prince George: Van Bow Multi-Family Commercial for sale (PG City Central (Zone 72)) : MLS®# C8021093

1921 UPLAND Street Prince George V2L 2V5 : Van Bow

Main Photo: 1921 UPLAND Street in Prince George: Van Bow Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8021093
$1,299,900
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8021093
Status:
Active
Build. Type:
Low Rise (2-4 stories)
Great renovated 12 unit apartment building in absolutely top condition and located at the quiet end of Upland Street, just below the University Hospital. 11 of 12 units have been fully renovated in the last 5 years plus the building has a new roof, new boilers, and mostly new low-e windows. The building has been very managed with full occupancy and is quiet, adult orientated, non-smoking and has a no pets policy. $115,440.00 gross revenues with expenses of $26,632.65 including taxes. 10 - two bedroom suites, 1 - one bedroom suite, 1 bachelor suite. Multi-year professionally prepared financial statements available.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Concrete
Building Type:
Low Rise (2-4 stories)
# Units:
12
Year built:
1968 (Age: 50)
Total Floor Area:
Switch units of measure12,000 sq. ft.
Land Use/Zoning:
RM4
Taxes:
$8,028.66 / 2018
Water Supply:
Municipal
HVAC:
Baseboard, Common Water Heater
Env Assmt Phase:
None
Cap Rate %:
6.83
Other Income:
$2,400
Effective Gross Income:
$115,440
Gross Income:
$113,040
Oper. Expenses:
$26,632
Net Operating Income:
$88,807
Original Price:
$1,299,900
Listing information last updated on September 17, 2018 at 09:05 PM (UTC)
Mike Hurrell - PREC*
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