Property Details

List Price
$3,999,900
MLS®
R2431138
Type
Other
Basement
Full,Fully Finished
Year Built
1912
Taxes
$12710.97 (2019)
Living Area
6343 Sq.Ft.
Lot Frontage
97.00 ft
Lot Depth
175 ft
Lot Size Area
17667 Sq.Ft.
Bedrooms
10
Bathrooms
11
Maintenance Fee
$0.00/mo

Queens Park

411 THIRD AVENUE, Queens Park, New Westminster, BC, V3L 2S3, Canada

Description

UNBEATABLE INVESTMENT OPPORTUNITY! 11-unit multifamily building in prime Queens Park location in New Westminster. 17,667 sq.ft of land, 6,373 sq.ft of living area, 10 self contained suites (Four studios & Six 1 bdrms), plus one caretaker suite (studio), plus separate five stall garage building. Separately metered for all utilities. Low maintenance costs of approx 10% of gross income. Low property tax. 3 laneways converging at rear of property. Updates incl new roof in 2006, newer HE boiler system, all electrical & copper piping done in 90's, clean environmental phase 1. Approx $205,000 of NET INCOME. Priced at 5% cap rate

Amenities

Shared Laundry

Features

Refrigerator Stove

Listing Provided By

The Firm Real Estate Services Ltd.

Copyright and Disclaimer

The data relating to real estate on this web site comes in whole or in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the MLSR logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver.
Copyright 2019 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.

Agent

Name: Rod & Rhea Hayes

Mobile: 604.240.1927

Office Phone: 604.421.1010

Email: [email protected]