Fully Reno'd Income Producing 4-plex with Bonus Bachelor Suite
Description
Investor Alert!
For Sale: 4908 MCLEOD ROAD, Fort Nelson, BC V0C1R0
$229,900 (MLS Number: R2399538).
Brings in just under 3K of rent income per month.
Contact: Royal LePage Ft Nelson Realty - Cathleen Soucie 250-321-0777
Looking to possibly double or maybe even triple your money in the next 5-10 years? This investment property is located in Fort Nelson, BC, which is home to huge natural gas and oil reserves, as well as very sizable recent increases in allowable cut in the forestry sector. Buy now, while the market is very affordable and cash in on the boom that is sure to happen here in future. Previously listed in 2015 for $499,000.
Fort Nelson is home to Horn River Basin and Liard River Basin, some of the largest natural gas reserves in Canada. The Horn River Basin reporting area encompasses 1.15 million hectares, and the Liard River Basin encompassing 9304 hectares. In addition, the recent approval of the Fort Nelson Community Forest Agreement leads way to the region's annual allowable cut being increased by 59 per cent, meanwhile allowable cut is being decreased everywhere else in BC. Considering these factors, Fort Nelson brings so much potential for huge growth over the coming years.
Huge income-producing potential already with this great four-plex, which has seen many updates! Either invest or buy it, occupy one unit and have the renters pay your mortgage - plus put money in the bank! There are two 2-bedroom suites, two 1-bedroom suites, and a bonus bachelor suite.
Ready to go, low maintenance property, with extensive renovations completed throughout. Some of the exterior renovations include: hardie plank siding, windows, roof and deck...plus inside many cosmetic updates make the units both modern and comfortable. Must be seen!! (23466877)
Property Summary:
- Building Type: Fourplex
- Title: Freehold
- Land Size: 15000 sqft
- Built in: 1965
- Fully Renovated in: 2018
- Annual Property Taxes: $2,002.17
- Basement Type: Full (Finished)
- Foundation Type: Concrete Perimeter
- Floor Space: 3054 sqft
- Water: Municipal water
- Roof Style: Conventional (Asphalt shingle)
- Parking Type: Open
- Size (sqft): 30.54
- Ad Type: Offering
real estate | condos for sale
2021-02-13