$1,090,000
3806 5TH AVENUE
Beds
—
Baths
—
Sqft
—
Year
1966
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
Well-maintained 6-unit apartment building offering strong income potential & immediate upside. Each unit features 2 bedrooms &1 bathroom, with recent updates including new flooring, fresh paint, modernized kitchen & bathroom cabinetry, &new fridges. Five of the six units are currently vacant, providing a rare opportunity for a new owner to set rents at current market rates &optimize returns from day one. The remaining unit offers income while the building is repositioned. Each unit is equipped with baseboard heat, its own hot water tank, & separate hydro meter, with tenants paying their own utilities to help keep operating costs low. Ideally located on a bus route & in close proximity to schools & downtown, this property offers excellent accessibility &long-term rental appeal. A solid investment opportunity with value-add potential in a convenient, high-demand location (id:65958)
- Subtype
- Multi-family
- Living area
- 5,865 square feet
- Lot size
- 0.19 acres
- Lot dimensions
- 0.19
- On market
- Apr 23, 2026
- Status changed
- Apr 23, 2026
- Photos
- 40
- MLS#
- C8078165
- Area
- PRINCE_GEORGE
Cash on cash
-6.51%
Cap rate
3.56%
GRM
16.7
Break-even rent
$6,695
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.