404 Royal Avenue, Downtown NW, New Westminster

404 Royal Avenue

Downtown NW, New Westminster

404 Royal Avenue

Downtown NW, New Westminster

$2,850,000

Bedroom icon12
Bathroom icon8
Squarefootage icon5,208 sqft

About this House

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).

Listed by Oakwyn Realty Ltd..

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Browse Photos

Features

  • MLS®: R2819578
  • Type: House
  • Bedrooms: 12
  • Bathrooms: 8
  • Square Feet: 5,208 sqft
  • Lot Size: 6,468 sqft
  • Frontage: 49.00 ft
  • Depth: 132.00 ft
  • Full Baths: 4
  • Half Baths: 4
  • Taxes: $8670.81
  • Storeys: 2 storeys
  • Year Built: 1979

Contact me now to see this property in person!

604.787.5656