404 Royal Avenue, New Westminster, British Columbia

$2,799,000

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12

Beds

8

Baths

5,208

Square feet

0.15

Acres

About 404 Royal Avenue

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). (id:36535)

Features of 404 Royal Avenue

Listing # R2991224
Price $2,799,000
Bedrooms 12
Bathrooms 8.00
Half Baths 4
Square Footage 5,208
Acres 0.15
Year Built 1979
Type Multi-family
Sub-Type Freehold

Community Information

Address 404 Royal Avenue
City New Westminster
Province British Columbia
Postal Code V5Y2B1

Amenities

Parking Spaces 8
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement Yes
Basement Features Unknown
Basement Type Crawl space (Unknown)
Basement Development Unknown

Listing Details

OfficeCourtesy Of Alice Yang Of Oakwyn Realty Ltd.

Listing Map