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Advice needed - Prince Rupert/Port Edward Investment Property

LillianHo

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Apr 12, 2009
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Do you know Prince Rupert Port Edward district? I need your feedback on this investment property.
Oceanview Drive, legal duplex. 4 bedrooms, 1 bath at each side. Two address, so can sell seperately.
One side rented to a family $500 ( below market rent), this family has stayed there for over 6 years.
One side is vacant now, has been rented for $750
Tenants pay the hydro (the only utility bill)
Asking price $140,000 firm
property management fee: $70 or 10% whichever higher per side

I need to make decision asap, please have your input.

Lillian
 
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