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404 ROYAL AVENUE
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404 ROYAL AVENUE $2,799,000
$2,799,000
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404 ROYAL AVENUE
New Westminster, British Columbia V5Y2B1

MLS® Number: R2991224
12
Bedrooms
8
Bathrooms
5208
Square Feet

Listing Description

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). (31169163)

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Square Footage
5208 sqft
Title
Freehold
Land Size
6468 sqft
Built in
1979
Annual Property Taxes
$8,670.81
Total Parking Spaces
8
Time on REALTOR.ca
9 days

Building

Bathrooms
Total
8
Partial
4
Interior Features
Basement Features
Unknown
Basement Type
Crawl space (Unknown)
Parking
Total Parking Spaces
8

Measurements

Square Footage
5208 sqft

Land

Lot Features
Frontage
49 ft
Data provided by: Greater Vancouver REALTORS® 2433 Spruce Street, Vancouver, British Columbia V6H 4C8

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