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:58426)
| MLS® Number | R2991224 |
| Property Type | Multi-family |
| Neigbourhood | Downtown |
| ParkingSpaceTotal | 8 |
| BathroomTotal | 8 |
| BedroomsTotal | 12 |
| BasementDevelopment | Unknown |
| BasementFeatures | Unknown |
| BasementType | Crawl Space (unknown) |
| ConstructedDate | 1979 |
| HalfBathTotal | 4 |
| SizeInterior | 5208 Sqft |
| Type | Fourplex |
| Acreage | No |
| SizeFrontage | 49 Ft |
| SizeIrregular | 6468 |
| SizeTotal | 6468 Sqft |
| SizeTotalText | 6468 Sqft |
https://www.realtor.ca/real-estate/28177939/404-royal-avenue-new-westminster
Contact us for more information
Alice Yang
Personal Real Estate Corporation
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