These two side-by-side legal 4-plexes are brand new, fully rented, and are in one of the best neighborhoods and school catchments in Prince George. Together they boast five 3-bedroom/2 bath suites, two 2-bedroom/1 bath suites and one 1-bedroom/1 bath suite all rented for a total of $18,478 par month. Stabilized expenses excluding financing but including management are only $5,203.92 per month meaning this property can generate some serious cash flow. While being sold as a package, each 4-plex is individually titled so the lower non-commercial down payment requirements of 20% can apply. Worried about maintenance? Property is covered by 10-5-2 warranty and will not have issues for years to come. (id:27476)
