Real Estate Investment:  Suited 1/2 Duplex 8215 18th Street, Dawson Creek

About This Property                               

Built in 2016, this 5 Bedroom plus 4 bathroom ½ duplex features a 2 Bedroom Legal suite with separate entrance.  The property is fully tenanted and has management in place, a true Turn-Key investment.  Currently rented for $2,375 per month, the property cash flows $250 per month and has upside potential in the range of $600 per month.   (Rented in the high season for $3,000 / month)  Great returns on a hands-off investment that has a proven track record.  Great for first timers and those looking for a consistent revenue earner with lots of life left in the property.

Features

  • Built in 2016
  • 3 Bed / 3 Bath up with 2 Bed / 1 Bath legal suite
  • Electric Baseboard heat
  • New Home Warranty on building
  • No upgrades required
  • Separate Laundry for each unit

Asking Price: $419,000

Initial Cash Required: $98,000

Monthly Cash Flow: $255

Target Annual ROI: 19%

Target Profit if sold after 10 Years: $188,000


   

   

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