404 ROYAL AVENUE, New Westminster, BC

  • $2,850,000
  • $547
404 ROYAL AVENUE, New Westminster, BC, Canada
For Sale
404 ROYAL AVENUE, New Westminster, BC, Canada
  • $2,850,000
  • $547

Overview

Property ID: 4831379
  • Multifamily
  • Property Type
  • 12
  • Bedrooms
  • 4
  • Bathrooms
  • 8
  • Garages
  • 5208
  • Sqft
  • 1979
  • Year Built

Description

TURN-KEY INVESTMENT- 4PLEX fully rented! Gross income $11,220 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 and well maintained building! OCP designated as Mid Rise Apartment- rezoning potential!

  • Address 404 ROYAL AVENUE
  • City New Westminster
  • State/county BC
  • Zip/Postal Code V5Y 2B1
  • Area New Westminster
  • Country Canada

Details

Updated on November 17, 2023 at 12:42 am
  • Property ID: 4831379
  • Price: $2,850,000
  • Property Size: 5208 Sqft
  • Land Area: 6468.00 SqFt
  • Bedrooms: 12
  • Bathrooms: 4
  • Garages: 8
  • Year Built: 1979
  • Property Type: Multifamily
  • Property Status: For Sale
  • Living Area: 2604
  • MLS#: R2819578
  • Office Name: OAKWYN REALTY LTD.
  • Agent Name: Alice Yang PREC*
  • MLS Status: Active
  • Living Area Prefix: Sqft

Additional details

  • Type: Fourplex
  • Construction: Frame - Wood
  • Style: 2 Storey
  • Region: Greater Vancouver
  • Parking: Parking-DE Parking-MF
  • Gross Taxes: 8670.81
  • Tax Year: 2022

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