17
See all 17 photos
$2,799,000
Est. payment /mo
12 Beds
8 Baths
5,208 SqFt
New
404 ROYAL AVENUE New Westminster, BC V5Y2B1
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 5,208 sqft
Price per Sqft $537
MLS® Listing ID R2991224
Bedrooms 12
Half Baths 4
Originating Board Greater Vancouver REALTORS®
Year Built 1979
Lot Size 6,468 Sqft
Acres 6468.0
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 8
Private Pool No
Others
Ownership Freehold
Listed by Oakwyn Realty Ltd.