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Date Listed 25-Nov-16
Price
$340,000.00
Address 2241 Norwood St, Prince George, BC V2L 1Y2, Canada
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Bedrooms (#) 6 or more bedrooms
Bathrooms (#) 4 bathrooms
Size (sqft) 3,200
For Sale By Owner

  • Description
Description
This beautiful fully renovated duplex (from roof down) currently generates $3800.00 in rental revenue (with the potential of $4,000). Purchasing this duplex at $340K will give you the best rental return per residential investment in Canada!

The reason why this duplex is the highest rent revenue producer/investment in Canada is because of 2 factors:

1) good quality (in new to mint condition) rental units are scarce in Prince George; I can even get up to $4K monthly rent revenue if I had asked for it.

2)It is in the VLA which is the lowest priced real estate residential area in Prince George. In the past year we have had a Commercial mechanic and a therapist rent in this Unit.

People do not be mislead with the term "hood" as it certainly is not the hood anymore. There is no need to live 10 years in the past. The current tenants are proof of a transformed working class VLA.

Therefore anyone that invests in the VLA at the current time is getting a bargain deal.

Each side of the duplex has it's own separate entry to the basement and a kitchen in the basement. This allows for a separate suite downstairs and an investment haven for rental property investors.

The main selling features would be the granite countertops upstairs and 3 laundry facilities. A 4th laundry facility can be added at a negotiable price.

This duplex truly is one of the best investment properties out there.

A half duplex on the same street just sold for the full listed price of $179,900 (2331 Norwood Street) after only 8 days on the mkt. That would make a total duplex combined price of $360,000. We are asking $20,000 less and our updates are newer with one more laundry facility and a set of appliances.

You must take advantage of the reduced real estate commissions

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