1205 3RD AVENUE

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$1,150,000
1205 3RD AVENUE
Prince George, British Columbia V2L3E6
MLS® Number: C8073039
9,795Sq Ft
1948Year Built
Multi-FamilyType

About This Property

Rarely will you find such a combination of location, quality renovation, and income potential at this price point. This fully renovated mixed-use building is ideally positioned at the corner of 3rd Avenue and Dominion Street in downtown Prince George. Completely updated in 2016/17, including electrical, mechanical, roof, windows, and interiors, with a new fire panel installed in 2022. The property is in excellent condition and offers stable income with long-term commercial tenants. Currently generating over $11,000/month in rental income with a cap rate exceeding 6%. Prince George continues to grow as a regional hub supported by a strong and diverse economy in healthcare, retail, manufacturing, construction, natural gas, mining, forestry, and education. A solid, turn-key investment ready to deliver consistent returns for years to come. (id:64973)

Property Details

Living Area9,795 sq ft
Lot Size0.7 (1 acres)
Year Built1948
Property TypeMulti-Family
CoolingCentral air conditioning
CityPrince George
Postal CodeV2L3E6
MLS® #C8073039

Location

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