15-unit (6 one-beds, 9-two beds), free-standing apartment building at the foot of Connaught Hill, minutes into downtown PG along a major bus route. Building is well-kept with maintenance completely up to date. Ample parking at rear. 100% occupancy, each unit is separately metered with current tenants paying their own utilities. All units modernized to include updated counter-tops, re-painted cabinets, new paint, flooring, trim, hardware, light sockets, and switches. Essential upgrades include new toilets, fridges, stoves, and several hot water tanks. Lots of opportunity for rental upside with below market rents in 80% of the units; in-place cap rate is 5.1%. (36185963)
Property Type
Multi-family
Time on REALTOR.ca
25 days
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