435 5TH AVENUE , Burns Lake British Columbia V0J1E0

Sale $1,500,000  | 
Listing # C8072085
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Office Listing:

Rod Walker, Sales Representative  |  Jen Higham

Ken Laursen

Ken Laursen

Sales Representative

Phone: 250.564.4488
Fax: 250.562.3986
Mobile: 250.552.0839

laursenken@gmail.com
www.kenlaursen.com

Royal LePage Aspire Realty, Brokerage (Independently owned and operated)

Brokerage

1625 4th Avenue
Prince George,  BC V2L3K2

Remarks:

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:27)

Investment

Floor Space (approx): 8090 Square Feet
Acreage: Yes

Property Features:

Property Type: Multi-family
Road Type: Paved road