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77 Billiter Avenue

4 Unit Apartment Building $471,968 USD ($117,992 USD/Unit) 6.05% Cap Rate Princeton, BC V0X 2W0

Apartment Buildings British Columbia Princeton 77 Billiter Avenue, Princeton, BC V0X 2W0

Executive Summary

4 UNITS - Commercial/residential mixed-use revenue property located in the heart of downtown Princeton. Featuring 3 residential apartments (1 bedroom + den, 2 bedroom, and a 3 bedroom) & a commercial space that currently generates $4,912 per month & $58,944 per year. The Commercial space has the flexibility to be separated into two smaller units if needed. The 100 x 100 ft lot is centrally located to all shopping amenities downtown and is next to prime development property. C2 ZONING allows for NO setbacks! Amazing for future development. Excellent tenants with zero vacancy make this a perfect option for investment in Princeton's growing community!

Property Facts

Price $471,968 USD Property Subtype Apartment
Price Per Unit $117,992 USD Apartment Style Low Rise
Sale Type Investment Building Size 3,000 SF
Cap Rate 6.05% No. Stories 2
No. Units 4 Year Built 1950
Property Type Multifamily Parking Ratio 1.67/1,000 SF
Price $471,968 USD
Price Per Unit $117,992 USD
Sale Type Investment
Cap Rate 6.05%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Size 3,000 SF
No. Stories 2
Year Built 1950
Parking Ratio 1.67/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - 750
2+1 1 - 750
3+1 1 - 750
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zoning

Zoning Code C2
C2
(604) 202-1162

Contact

  • Listing ID: 31878814

  • Date on Market: 5/21/2024

  • Last Updated:

  • Address: 77 Billiter Avenue, Princeton, BC V0X 2W0

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77 Billiter Avenue
(604) 202-1162 x

77 Billiter Avenue

Jared Gibbons

(604) 202-1162

(604) 202-1162

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