A $2,850,000.00 Fourplex with 12 bedrooms in Downtown NW, New Westminster At 404 ROYAL AVENUE New Westminster (Downtown NW)
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).
Please get in touch if you have any questions regarding 404 ROYAL AVENUE or you would like to schedule a showing.
Get in touch| 404 ROYAL AVENUE | |
| R2819578 | |
| Fourplex | |
| 2 Storey | |
| $2,850,000.00 Can you afford this? | |
| $547.24 | |
| 214 | |
| New Westminster | |
| Downtown NW | |
| Oakwyn Realty Ltd. | |
| 5,208 Sqft. | |
| 12 | |
| 8 | |
| 1979 | |
| 6,468 | |
| Crawl | |
| V5Y 2B1 | |
| RM6A | |
| $8,671 | |
| 2022 |
