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1669 INGLEDEW Street: Millar Addition Multi-Family Commercial for sale (PG City Central (Zone 72)) : MLS®# C8022566

1669 INGLEDEW Street Millar Addition V2L 1K6 : Millar Addition

Main Photo: 1669 INGLEDEW Street: Millar Addition Multi-Family Commercial for sale (PG City Central (Zone 72))  : MLS®# C8022566banner
$998,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8022566
Status:
Sold
Build. Type:
Low Rise (2-4 stories)
Attention Investors! These two great buildings with 14 suites on 5 city lots are professionally managed, have extensive updates, and are priced at a fantastic 6.26% CAPP Rate. Both buildings have new roofs, have had the exterior repainted in 2017, new hot water tanks in 2016, all suites are separately metered, and there is even potential to push up the rents. The 14 suites consist of 8-two bedroom, 4-one bedroom, and 2-bachelor suites. Fully rented income is $107,496 per year, with operating expenses of $44,986. Very low vacancy rate in the last 10 years--with existing management.
Price:
$998,000
Property Type:
Commercial
MLS® Num:
C8022566
Status:
Sold
Listed by Maxsave Real Estate Services
Data was last updated March 30, 2023 at 01:10 PM (UTC)
Mike Hurrell - PREC*