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404 Royal Avenue New Westminster, British Columbia V5Y 2B1

12 Bedroom 8 Bathroom 5208 sqft

$2,799,000

TURN-KEY INVESTMENT- 4PLEX fully rented! Gross income potential $11,753 per month. CAP 4%. Each unit are spacious 2 level, 3 bedrooms, 1.5 bath, in-suite laundry, approx 1200sq ft per unit + BONUS outdoor space and very private, surrounded by greenery. Ample parking and storage in the back of building. Excellent location with 88 walk score- 5 min walk to skytrain, 7 min to water, 1 block to City Hall & Park, 2 blocks to Douglas College. Many upgrades done including numerous new windows and sliding doors, 2 new kitchens, flooring, 3 freshly painted units, new fences, new bathrooms, landscaping etc...! OCP designated as Mid Rise Apartment- rezoning potential! 350m to Columbia Skytrain (3.0FAR allowance per TOD legislation). (id:54441)

Property Details

MLS® Number R2991224
Property Type Multi-family
Parking Space Total 8

Building

Bathroom Total 8
Bedrooms Total 12
Basement Development Unknown
Basement Features Unknown
Basement Type Crawl Space (unknown)
Constructed Date 1979
Half Bath Total 4
Size Interior 5208 Sqft
Type Fourplex

Land

Acreage No
Size Frontage 49 Ft
Size Irregular 6468
Size Total 6468 Sqft
Size Total Text 6468 Sqft

https://www.realtor.ca/real-estate/28177939/404-royal-avenue-new-westminster

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Contact us for more information


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Alice Yang
Personal Real Estate Corporation

(778) 889-1984
www.aliceinrealestate.com/

Oakwyn Realty Ltd.
3195 Oak Street
Vancouver, British Columbia V6H 2L2

(604) 620-6788
(604) 620-7970
www.oakwyn.com/

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