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435 5th Avenue Burns Lake, British Columbia V0J 1E0

8090 sqft
Acreage

$1,500,000

Fantastic multi family property on 1.39 acre lot. The need for rental units in Burns Lake is on the rise, and this is your chance to jump in! 1 building built in 2024 has 4 x 2bdrm / 2 full baths, 1 older building with some recent renos with 4 X 2 bdrm/ 1 bath. Each unit has separate laundry. Fully tenanted with 1 year renewable leases and great tenants. Rents currently totalling $11,000 mth / $132k yr, plus tenants pay utilities. The lot has been cleared and ready for more development. As per Seller, town planners have given the OK for 32 units on the lot, with great potential for 20 (Buyer to verify). Check out the pavers in the parking lot! The potential is huge! (id:49203)

Property Details

MLS® Number C8072085
Property Type Multi-family
Road Type Paved Road

Building

Size Interior 8090 Sqft

Land

Acreage Yes
Size Irregular 1.39
Size Total 1.39 Ac
Size Total Text 1.39 Ac

https://www.realtor.ca/real-estate/28845606/435-5th-avenue-burns-lake

Interested?

Contact us for more information


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Rod Walker

(250) 617-8090
www.RealtyPG.com

Royal LePage Aspire Realty
1625 4th Avenue
Prince George, British Columbia V2L 3K2

(250) 564-4488
(800) 419-0709
(250) 562-3986
www.royallepageprincegeorge.com

Jen Higham

(250) 613-7207
www.realtypg.com
https://www.facebook.com/Realtypg/?ref=bookmarks

Royal LePage Aspire Realty
1625 4th Avenue
Prince George, British Columbia V2L 3K2

(250) 564-4488
(800) 419-0709
(250) 562-3986
www.royallepageprincegeorge.com