Data was last updated 2025-04-18 at 18:22:23 GMT
$2,799,000
404 Royal Avenue New Westminster, British Columbia
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).
Listing Information
- Prop. Type:
- Quadruplex
- Status:
- Active
- City:
- New Westminster
- Bedrooms:
- 12
- Full Bathrooms:
- 8
- Neighborhood:
- Downtown NW
- Area:
- New Westminster
- Province:
- British Columbia
- MLS® Number:
- R2991224
- Listing Price:
- $2,799,000
- Taxes:
- $8,671
General Information
- Year Built:
- 1979
- Lot Size (sqft):
- 6468.0 ft2
- Total Square Feet:
- 5208ft2
VIP-Only Information
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Location
Jim Beatty & Associates
Test brokerage
130-8191 Westminster Highway, Richmond, BC
Office: 403-607-5801
Mobile: 403-607-5801
Fax: 403-607-5801
Test brokerage
130-8191 Westminster Highway, Richmond, BC
Office: 403-607-5801
Mobile: 403-607-5801
Fax: 403-607-5801
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