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Investment signal

$5,990,000

1775 6TH AVENUE

Save this home

Beds

Baths

Sqft

Year

1979

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Prince George. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

This building is turnkey and exceptionally well run. All common areas are completely new back to the studs. There are 31 units in total with one being used for the on- site manager. This building is full with a full waiting list in place. The units are large and bright with a tenant demographic mostly of seniors and professionals. New boilers were installed in 2021.There are 15 one bed, 9 two bed and 7 three bed units. There are 45 parking spots with 22 under building. This building is in a fabulous area very close to the hospital. An exceptional investment! (id:65958)

Subtype
Multi-family
Living area
34,720 square feet
Lot size
0.45 acres
Lot dimensions
0.45
On market
Nov 21, 2025
Status changed
Apr 27, 2026
Photos
31
MLS#
C8073990
Area
PRINCE_GEORGE
Negative cash flow ~$6,141/mo at these assumptions

Cash on cash

-6.15%

Cap rate

3.63%

GRM

16.7

Break-even rent

$36,414

Financing

Down payment$1,198,000
Loan amount$4,792,000
Mortgage$24,280/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,745
Insurance$80
Maintenance$4,992
CapEx reserve$2,496
Vacancy loss$1,498

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $24,280/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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