Address
411 THIRD AVENUE New Westminster, BC
Price
$ 4,998,800
Property Attributes
  • ML#C8035107
  • TypeMulti-Family
  • CityNew Westminster
  • Postal CodeV3L 2S3
  • Style
  • Price$ 4,998,800
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6373
  • Lot Size0.41 Acres
Listing Provided Courtesy Of:
The Firm Real Estate Services Ltd.
Property Description

UNBEATABLE INVESTMENT OPPORTUNITY! 11-unit multifamily building in prime Queens Park location in New Westminster. 17,667 sq.ft of land, nearly 10,000 sq.ft of living area, 10 self contained suites (Four studios & Six 1 bdrms), plus one caretaker suite (studio), plus separate five stall garage building. Separately metered for all utilities. Low maintenance costs of approx 10% of gross income. Low property tax. 3 laneways converging at rear of property. Updates incl new roof in 2006, newer HE boiler system, all electrical & copper piping done in 90's, clean environmental phase 1. Approx $213,000 of NET INCOME. Priced at a 5.45% cap rate. Currently accepting best offers over list price. 2020 AACI conservatively appraised at $4.7M. Clean Quick closing offers are given First priority. (id:7434)

General Features

More Information Link https://www.realtor.ca/real-estate/22567159/411-third-avenue-new-westminster
Property Type Multi-family
Zoning Description RS-1

Interior Features

Building Fireplace Present False

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. Data last updated on January 25, 2021 5:00 AM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Data last updated on January 25, 2021 5:00 AM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA®) and identify the quality of services provided by real estate professionals who are members of CREA®

This REALTOR.calisting content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Property vs Postal Code Average in V3L 2S3

Price
AVG $5M
$5M
Visits
AVG 126
68
Year Built
AVG 1912
1912

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