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404 ROYAL Avenue
Downtown NW New Westminster V5Y 2B1

$2,850,000
Multifamily beds: 12 baths: 8.0 5,208 sq. ft. built: 1979

Main Photo: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 1: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 2: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 3: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
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Status:
Active
Prop. Type:
Multifamily
MLS® Num:
R2819578
Bedrooms:
12
Bathrooms:
8
Year Built:
1979
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).
Property Type:
Multifamily
Dwelling Type:
Fourplex
Home Style:
Year built:
1979 (Age: 45)
Total area:
5,208 sq. ft.
Total Floor Area:
5,208 sq. ft.
Total unfinished area:
Main Floor Area:
2,604 sq. ft.
Floor Area Above Main:
Floor Area Above Main 2:
Floor Area Detached 2nd Residence:
Floor Area Below Main:
Basement Area:
No. Floor Levels:
2.0
Rainscreen:
Bedrooms:
12 (Above Grd: 12)
Bathrooms:
8.0 (Full:4/Half:4)
Kitchens:
Rooms:
Taxes:
$8,670.81 / 2022
Lot Area:
6,468 sq. ft.
Lot Frontage:
49'
Lot Depth:
132
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Balcony(s), Balcny(s) Patio(s) Dck(s), Patio(s)
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Heating:
Construction:
Foundation:
Basement:
Crawl
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplaces:
4
Fireplace Details:
Parking:
Parking Total/Covered:
8 / 8
Parking Access:
Driveway:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
# Bachelor Units:
# 1Bdrm Units:
# 2Bdrm Units:
# 3Bdrm Units:
# Other Units:
Income as at Date:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Floor
Ensuite
Pieces
Other
Main
Above
Main
Above
Main
Above
Main
Above
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Cats:
Dogs:
Units in Development:
Sprinklers:
Smoke Detectors:
Services Connected:
Plumbing Details:
Previous Price:
Original Price:
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Listed by Oakwyn Realty Ltd.
Data was last updated April 25, 2024 at 12:10 PM (UTC)
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