$599,900

615 GILLETT Street, Prince George V2M2T8

7 Beds 3.0 Bath 2,678 Sq Ft Built 1961

Duplex

Listed by: Royal LePage Aspire Realty.

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Description

Well maintained, clean 3 unit duplex in a desirable neighborhood close to the hospital and with good reliable tenants!! A true turn-key investment property boasting a cap rate of 4.5% (or 5.33% if self managed). The property has also undergone $48,000 in updates in 2016 making for a sound investment. Updates include: house wrap, new siding, new soffits, paint, updated electrical, flooring, light, fans, sinks, roof vents, and much more. Cap Rate details and update list available upon request and in documents for Realter access. A strong opportunity for anyone looking to get into the rental market or expand their portfolio. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Parking: Open

Structure: Duplex

Annual Taxes: $5,976

Lot Size: 6000.0

Property Details

Property Type	Duplex
Sub Type	Multi-family
Bedrooms	7
Bathrooms	3.0
Living Area	2,678 sq ft
Lot Size	6,000 sq ft
Year Built	1961
Stories	2.0
Listing ID	R3097623

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615 GILLETT Street, Prince George
MLS® R3097623 · $599,900

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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