$499,000

Prince Rupert BC, V8J 2M1

MLS® # C8066942

Property Information:

I am pleased to present a rare opportunity to acquire a 10-plex located just a few blocks from the downtown core. hospital, and golf course. This property is fully tenanted and offers significant potential for profitability. Comprising 10 one-bedroom units, each tenant has access to a shared courtyard at the rear of the building. The apartments feature open-concept layouts and offer opportunities for renovation to enhance their appeal. Currently collecting $5183.73 per month. The value is evident. (id:27)

Building Features:

Style: Multiplex
Amenities: Street Lighting

Property Features:

Property Type: Multi-family
Built in: 1910
Road Type: Gravel road
Structure Type: Sidewalk

Courtesy of: RE/MAX Coast Mountains (PR)

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⚠ Potential Investment Performance

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Market Price Trends

Location of 616 W 7TH AVENUE, Prince Rupert, British Columbia, V8J 2M1

Lifestyle
Neighbourhood

Demographic Information of 616 W 7TH AVENUE, Prince Rupert, British Columbia, V8J 2M1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$109,218.80

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

35.8 %

High school certificate or equivalent

28.52 %

Apprenticeship trade certificate/diploma

8.09 %

College/non-university certificate

11.23 %

University certificate (below bachelor)

1.28 %

University Degree

15.08 %

Commuter

Travel To Work

By Car

67.3 %

By Public Transit

0.0 %

By Walking

23.22 %

By Bicycle

0.0 %

By Other Methods

9.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.89 %

Houses

67.11 %

Own Vs. Rent