404 Royal Avenue New Westminster, British Columbia V5Y 2B1
$2,799,000
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:27293)
Property Details
| MLS® Number | R2991224 |
| Property Type | Multi-family |
| Parking Space Total | 8 |
Building
| Bathroom Total | 8 |
| Bedrooms Total | 12 |
| Basement Development | Unknown |
| Basement Features | Unknown |
| Basement Type | Crawl Space (unknown) |
| Constructed Date | 1979 |
| Half Bath Total | 4 |
| Size Interior | 5,208 Ft2 |
| Type | Fourplex |
Land
| Acreage | No |
| Size Frontage | 49 Ft |
| Size Irregular | 6468 |
| Size Total | 6468 Sqft |
| Size Total Text | 6468 Sqft |
https://www.realtor.ca/real-estate/28177939/404-royal-avenue-new-westminster
Contact Us
Contact us for more information
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. 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. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 18 2025 07:54:31
Greater Vancouver REALTORS®
Oakwyn Realty Ltd.
