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Listed by Oakwyn Realty Ltd.
$ 2,799,000
Est. payment /mo
New
404 Royal AVE New Westminster, BC V5Y 2B1
12 Beds
8 Baths
5,208 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,208 sqft
Price per Sqft $537
MLS Listing ID R2991224
Bedrooms 12
Full Baths 4
HOA Y/N No
Year Built 1979
Lot Size 6,534 Sqft
Property Sub-Type Quadruplex
Property Description
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).
Location
Province BC
Community Downtown Nw
Area New Westminster
Zoning RM6A
Rooms
Kitchen 4
Interior
Heating Baseboard, Electric
Fireplaces Number 4
Fireplaces Type Wood Burning
Exterior
Exterior Feature Balcony
Utilities Available Electricity Connected, Water Connected
View Y/N No
Roof Type Asphalt
Porch Patio, Deck
Total Parking Spaces 8
Garage Yes
Building
Story 2
Foundation Concrete Perimeter
Water Public
Others
Ownership Freehold NonStrata
Security Features Fire Sprinkler System,Smoke Detector(s)
