Data was last updated 2024-03-20 at 17:27:26 GMT
$2,850,000

404 ROYAL AVENUE   New Westminster, BC

MLS®: R2819578
URL:    
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 Information

Prop. Type:
Fourplex
Status:
Active
City:
New Westminster
Bedrooms:
12
Full Bathrooms:
4
Half Bathrooms:
4
Neighborhood:
Downtown NW
Area:
New Westminster
Province:
BC
MLS® Number:
R2819578
Added On:
Sep 26, 2023
Listing Price:
$2,850,000
Taxes:
$8,671

General Information

Year Built:
1979
Flr Area Fin - Total:
5208 ft2
Floor Area Finish - Main Floor:
2604 ft2
Tax Year:
2022
Lot Size (sqft):
6468.00 ft2
Lot Size (Acres):
0.15
Frontage:
49.00ft
Total Square Feet:
5208ft2

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Jim Beatty & Associates
Test brokerage
130-8191 Westminster Highway, Richmond, BC
Office: 403-607-5801
Mobile: 403-607-5801
Fax: 403-607-5801
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