Redwood st, Prince George

Investment Details

  • Property Type: Single family home with suite
  • Purchase: March 2019 - Present
  • Purchase Price: $220,000 ($30,000)
  • Current Value: $300,000
  • Revenue: $2,100

About the Investment

This house isn’t in the greatest part of Prince George, but it sits on 3 city lots and is zoned for multi family, which makes it a great holding property. It generates some cashflow, but the long term value will be holding the property until it’s suitable for a developer to build on the property.

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