404 Royal Avenue, New Westminster, BC

  • 12 beds
  • 8 baths
  • 5,208 sqft
  • lot size: 6,468 sqft
  • 1979 built
  • R2819578

$2,850,000

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Secondary Information

General Info

Status
Active
Sub-Area
Downtown NW
Area
New Westminster
City
New Westminster
Province
BC
Taxes
$8,671 / 2022
Property Type
Fourplex
SIZE: 5,208 sqft TAXES (2022): $8,671
MLS®: R2819578
TYPE: Fourplex $/Sq.Ft: 547
SUBAREA: Downtown NW

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).

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Listing Courtesy of Oakwyn Realty Ltd.
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