Courtesy of: Mike Hurrell, , Maxsave Real Estate Services
Courtesy of: Mike Hurrell, , Maxsave Real Estate Services
$2,999,900
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5,349 square feet
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Multi-family
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$2,999,900
7871-7925 SOUTHRIDGE AVENUE These two side-by-side legal 4-plexes are brand new, fully rented, and are in one of the best neighborhoods and school catchments in Prince George. Together they boast five 3-bedroom/2 bath suites, two 2-bedroom/1 bath suites and one 1-bedroom/1 bath suite all rented for a total of $18, 478 par month. Stabilized expenses excluding financing but including management are only $5, 759.50 per month meaning this property can generate some serious cash flow. While being sold as a package, each 4-plex is individually titled so the lower non-commercial down payment requirements of 20% can apply. Worried about maintenance? Property is covered by 10-5-2 warranty and will not have issues for years to come. (id:203)