404 ROYAL AVENUE, New Westminster

MLS®#: R2819578
404 ROYAL AVENUE, New Westminster
  • Property Value $2,850,000
  • Square Feet 5208.0 sqft.
  • Bedrooms 12
  • Bathrooms 8
  • Lot Size Area 6468.0 sqft.
  • Taxes $8,670.81
  • Type Fourplex
  • Style 2 Storey
  • Basement Crawl
  • Year Built 1979

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 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).

Listing Provided By

Oakwyn Realty Ltd.

404 ROYAL AVENUE, New Westminster

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