404 Royal Avenue, New Westminster, V5Y 2B1
12 Bed, 8 Bath Townhouse FOR SALE in Downtown NW MLS: R2991224
Details
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).
Strata Reports
History
Mortgage
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Amenities
Features
Site Influences
Property Information
| MLS® # | R2991224 |
| Property Type | Fourplex |
| Dwelling Type | Fourplex |
| Home Style | Multi Family |
| Kitchens | Login to View |
| Year Built | 1979 |
| Parking | Garage Under Building |
| Tax | $8,671 in 2022 |
| Strata No | NWP2620 |
| Postal Code | V5Y 2B1 |
| Address | 404 Royal Avenue |
| Subarea | Downtown NW |
| City | New Westminster |
| Listed By | Oakwyn Realty Ltd. |
Floor Area (sq. ft.)
| Main Floor | 2,604 |
| Above | 5,208 |
| Total | 5,208 |
Location
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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of the BC Condos & Homes Team - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC
Contact: Les Twarog - RE/MAX Crest Realty
Call: 604-706-1760