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$2,799,000
404 ROYAL AVENUE
New Westminster, British Columbia, British Columbia, V5Y2B1
MLS® Number: R2991224
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).
Building information
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Basement Development
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Basement Features
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Constructed Date
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Half Bath Total
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Size Interior
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Land information
Size Frontage
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Size Irregular
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Courtesy of Oakwyn Realty Ltd.
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