$2,850,000

404 ROYAL AVENUE

Downtown NW, New Westminster, BC, V5Y 2B1

12  | | | 5,208 sq.ft. | Year Built: 1979 |
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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).

Property Info
MLS®: R2819578
Listing Courtesy of Oakwyn Realty Ltd.
Total Bedrooms 12
Total Bathrooms 8
Floor Space 5208 sq.ft.
Lot Size 6468 sq.ft.
Title Type Freehold NonStrata
Date Listed XXXX-XX-XX
Property Type Fourplex
Listed Price $2,850,000
Unit Pricing $547/sq.ft.
Strata Fee $0.00
Tax Estimate $8,671/Year
Year Built 1979
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