My Listings

485 DOUGLAS Street
Central Prince George V2M 2M3

$1,329,900
Multi-Family Commercial

Main Photo: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
Photo 1: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
Photo 2: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
Photo 3: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
Photo 4: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
Photo 5: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
Photo 6: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
Photo 7: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8041840
Build. Type:
Multiple Tenant/Multi-Plex (5+)
Investor Alert! This Family owned 9 plex has never been on the market. Located in a fantastic area in Prince George close to all amenities such as schools, shopping, hospital and downtown. Immaculately maintained with each floor boasting 3 - 2 bedroom units. Many updates over the years including paint, flooring, bathroom fixtures, tiles and appliances. Pride of Ownership is evident with the common area repainted in 2014 and newer flooring in 2016. Building has torch on roof replaced in 2009. Each unit has its own laundry and storage room. Interior common area for access to suites. Front and back stairwell. Many long term tenants, with room to increase rents as they move out.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+)
# Units:
9
# Other Units:
0
# of Appartments:
9
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
0
# of 2 Bedroom Appartments:
9
# of 3 Bedroom Appartments:
0
# Storeys:
3.0
Year built:
999 (Age: 1,023)
Total Floor Area:
9,465 sq. ft.
Lot Area:
14,810 sq. ft.
Land Use/Zoning:
RM3
Permitted Use:
Multifamily (5+)
Taxes:
$9,845.56 / 2021
Env Assmt Phase:
No
Cap Rate %:
4.24
Other Income:
$0
Effective Gross Income:
$82,140
Gross Income:
$82,140
Oper. Expenses:
$21,605
Net Operating Income:
$60,535
Original Price:
$1,329,900
  • Photo 1: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
    Photo 1 of 7
  • Photo 2: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
    Photo 2 of 7
  • Photo 3: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
    Photo 3 of 7
  • Photo 4: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
    Photo 4 of 7
  • Photo 5: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
    Photo 5 of 7
  • Photo 6: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
    Photo 6 of 7
  • Photo 7: 485 DOUGLAS Street in Prince George: Central Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8041840
    Photo 7 of 7
Listed by Re/Max Core Realty
Data was last updated January 18, 2022 at 04:40 AM (UTC)
Shauna Lynch, BBA