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
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