- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8067709
- Build. Type:
- Low Rise (2-4 stories)
- Photos (26)
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Jacobs Apartments, nestled in the quiet area of the Miller Addition in Prince George is a turnkey investment, that has been well maintained through the years. Sitting on 5 lots, this fabulous investment has 29 units consisting of six 2-bedroom suites, eight 1-bedroom suites & fifteen studios that are fully rented, rarely has a vacancy & has great cash flow . There is in-house laundry which the seller owns, storage lockers & ample parking with 25-30 stalls with plug ins. Rental increases in conjunction with market growth, will let a savvy investor have the opportunity for a projected cap rate that will be higher. Buildings like this do not come along very often & this could be your chance to own a cash-flowing multi-family property that is very easy to manage remotely. Prince George has a diverse local economy and a stable real estate market. Lot size measurement is taken from Tax Assessment, all measurements are approximate and all information is to be verified by buyer if deemed important.
- Sale Type:
- Asset
- Construction:
- Concrete Block
- Building Type:
- Low Rise (2-4 stories)
- Name of Complex/Subdivision:
- JACOBS APARTMENTS
- # Units:
- 29
- # of Apartments:
- 29
- # of Bachelor Apartments:
- 15
- # of 1 Bedroom Apartments:
- 8
- # of 2 Bedroom Apartments:
- 6
- Year built:
- 999 (Age: 1,026)
- Total Floor Area:
- 16,500 sq. ft.
- Lot Area:
- 16,500 sq. ft.
- Land Use/Zoning:
- RM4
- Permitted Use:
- Multifamily (5+)
- Taxes:
- $25,584.34 / 2025
- Water Supply:
- Municipal
- HVAC:
- Baseboard, Hot Water
- Roof:
- Torch-On
- Sewer Septic:
- Municipal/Community
- Env Assmt Phase:
- Yes
- Original Price:
- $3,288,000
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View of building exterior -
View of street
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View of building exterior with uncovered parking
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Kitchen featuring under cabinet range hood, a sink, white cabinetry, white appliances, and a toaster
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Kitchen with white cabinets, white appliances, light countertops, and a sink
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Kitchen featuring tasteful backsplash, light countertops, light wood-style flooring, range with electric stovetop, and brown cabinetry
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Carpeted living room featuring a textured ceiling
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Living room featuring light wood-type flooring
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Living area with a textured ceiling and wood finished floors
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Living area featuring wood finished floors
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Living area with a textured ceiling and wood finished floors
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Interior space with a textured ceiling and wood finished floors
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Living area featuring wood finished floors
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Home office with a ceiling fan and carpet
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Carpeted bedroom featuring a textured ceiling
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Carpeted bedroom with a textured ceiling
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Bedroom featuring carpet floors and a textured ceiling
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Full bath featuring toilet and vanity
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Bathroom featuring tile patterned floors, baseboard heating, toilet, and vanity
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Unfurnished living room featuring a textured ceiling and carpet flooring
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Interior space with a textured ceiling
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Unfurnished room featuring stairway and carpet floors
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Utilities with electric panel
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Common laundry area with washer and dryer and a textured ceiling
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Hallway with finished concrete floors
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View of basement
Listed by Royal LePage Aspire Realty
Data was last updated March 26, 2025 at 08:10 PM (UTC)
- DEAN BIRKS - PREC*
- ROYAL LePAGE Aspire Realty
- 1-250-612-1709
- Contact by Email
Location
1625 4th Avenue
Prince George, BC, V2L 3K6