$395,000

Opportunity Knocks with a 10% cap rate. This well-maintained 3-unit home offers excellent potential for investors or first-time home buyers. Vacant June 1st! ! You can rent out all 3 units or live in one & rent out the other 2. The cash flow when rented was $46,800 annually minus $6,820 in expenses (insurance $2,678, city taxes $4,141) for a net income of$39,980. The upper unit features 3 beds, 2 baths & private laundry. The ground-entry basement includes two 1-bed (unauthorized) suites, each with separate entrances & laundries. Major updates include roof (2020), furnace (2021) & HWT (2021 ). This has been a strong income property earning a great cap rate. Lot size measurements is taken from tax ass. & all measurements. are approx. & to be verified by buyer if deemed important. (id:64343)

Property Details

MLS® Number	R3120302
Property Type	Single Family

Building

Bathroom Total	4
Bedrooms Total	5
Architectural Style	Basement Entry
Basement Development	Finished
Basement Type	Full (finished)
Constructed Date	1981
Construction Style Attachment	Detached
Foundation Type	Concrete Perimeter
Heating Fuel	Natural Gas
Heating Type	Forced Air
Roof Material	Asphalt Shingle
Roof Style	Conventional
Stories Total	2
Size Interior	2,360 Ft2
Total Finished Area	2360 Sqft
Type	House
Utility Water	Municipal Water

Parking

Garage

1

Land

Acreage	No
Size Irregular	6061
Size Total	6061 Sqft
Size Total Text	6061 Sqft

Rooms

Level	Type	Length	Width	Dimensions
Above	Living Room	15 ft ,9 in	13 ft ,3 in	15 ft ,9 in x 13 ft ,3 in
Above	Dining Room	12 ft ,9 in	9 ft ,9 in	12 ft ,9 in x 9 ft ,9 in
Above	Kitchen	12 ft ,9 in	10 ft ,9 in	12 ft ,9 in x 10 ft ,9 in
Above	Primary Bedroom	12 ft ,7 in	11 ft ,2 in	12 ft ,7 in x 11 ft ,2 in
Above	Bedroom 2	11 ft ,7 in	9 ft	11 ft ,7 in x 9 ft
Above	Bedroom 3	9 ft ,9 in	9 ft ,5 in	9 ft ,9 in x 9 ft ,5 in
Main Level	Living Room	13 ft ,9 in	12 ft ,9 in	13 ft ,9 in x 12 ft ,9 in
Main Level	Kitchen	9 ft ,5 in	8 ft ,2 in	9 ft ,5 in x 8 ft ,2 in
Main Level	Bedroom 4	9 ft ,5 in	8 ft ,2 in	9 ft ,5 in x 8 ft ,2 in
Main Level	Kitchen	13 ft ,9 in	10 ft ,7 in	13 ft ,9 in x 10 ft ,7 in
Main Level	Bedroom 5	9 ft ,8 in	9 ft ,6 in	9 ft ,8 in x 9 ft ,6 in
Main Level	Foyer	8 ft ,4 in	6 ft ,5 in	8 ft ,4 in x 6 ft ,5 in

https://www.realtor.ca/real-estate/29709874/2688-norwood-street-prince-george