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404 ROYAL Avenue
New Westminster
V5Y 2B1
$2,850,000
Multifamily
beds: 12
baths: 8.0
5,208 sq. ft.
built: 1979
- Status:
- Active
- Prop. Type:
- Multifamily
- MLS® Num:
- R2819578
- Bedrooms:
- 12
- Bathrooms:
- 8
- Year Built:
- 1979
- Photos (17)
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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 and well maintained building! OCP designated as Mid Rise Apartment- rezoning potential!
- Property Type:
- Multifamily
- Dwelling Type:
- Fourplex
- Home Style:
- 2 Storey
- Year built:
- 1979 (Age: 44)
- Total area:
- 5,208 sq. ft.
- Total Floor Area:
- 5,208 sq. ft.
- Total unfinished area:
- 0 sq. ft.
- Main Floor Area:
- 2,604 sq. ft.
- Floor Area Above Main:
- 2,604 sq. ft.
- Floor Area Above Main 2:
- 0 sq. ft.
- Floor Area Below Main:
- 0 sq. ft.
- Basement Area:
- 0 sq. ft.
- No. Floor Levels:
- 2.0
- Bedrooms:
- 12 (Above Grd: 12)
- Bathrooms:
- 8.0 (Full:4/Half:4)
- Kitchens:
- 4
- Rooms:
- 32
- Taxes:
- $8,670.81 / 2022
- Lot Area:
- 6,468 sq. ft.
- Lot Frontage:
- 49'
- Lot Depth:
- 132
- Outdoor Area:
- Balcony(s), Balcny(s) Patio(s) Dck(s), Patio(s)
- Water Supply:
- City/Municipal
- Heating:
- Baseboard, Electric
- Construction:
- Frame - Wood
- Foundation:
- Concrete Perimeter
- Basement:
- Crawl
- Roof:
- Asphalt
- Fireplaces:
- 4
- Fireplace Details:
- Wood
- Parking:
- Garage Underbuilding
- Parking Total/Covered:
- 8 / 8
- Exterior Finish:
- Stucco
- Title to Land:
- Freehold NonStrata
- # 3Bdrm Units:
- 4
- Income as at Date:
- Oct 01, 2023
- Income Per Annum:
- 134640.0
- Oper. Expenses:
- 24330.0
- Net Operating Income:
- $110,310
- LOT 13, BLOCK A, PLAN NWP2620, NEW WESTMINSTER LAND DISTRICT, EXC : EASTERLY 16.03' (EXP PL 11021), GOVERNMENT OFFICE GARDENS
- Floor
- Type
- Size
- Other
- Main
- Dining Room
- 12'2" × 9'5"
- -
- Main
- Kitchen
- 9'6" × 8'5"
- -
- Main
- Laundry
- 7'9" × 5'1"
- -
- Main
- Living Room
- 20'6" × 9'9"
- -
- Main
- Nook
- 11' × 5'4"
- -
- Above
- Bedroom
- 12'4" × 9'6"
- -
- Above
- Bedroom
- 9'6" × 8'5"
- -
- Above
- Bedroom
- 15' × 11'4"
- -
- Main
- Kitchen
- 9'6" × 8'6"
- -
- Main
- Dining Room
- 12'2" × 9'5"
- -
- Main
- Living Room
- 20'6" × 9'8"
- -
- Main
- Laundry
- 7'9" × 5'1"
- -
- Main
- Nook
- 11' × 5'4"
- -
- Above
- Bedroom
- 12'4" × 9'6"
- -
- Above
- Bedroom
- 9'6" × 8'5"
- -
- Above
- Bedroom
- 15' × 11'4"
- -
- Main
- Kitchen
- 9'6" × 8'6"
- -
- Main
- Dining Room
- 12'2" × 9'5"
- -
- Main
- Laundry
- 7'9" × 5'1"
- -
- Main
- Living Room
- 20'5" × 9'9"
- -
- Main
- Nook
- 11' × 5'4"
- -
- Above
- Bedroom
- 12'4" × 9'6"
- -
- Above
- Bedroom
- 9'6" × 8'5"
- -
- Above
- Bedroom
- 15' × 11'4"
- -
- Main
- Kitchen
- 9'6" × 8'6"
- -
- Main
- Dining Room
- 12'3" × 9'5"
- -
- Main
- Laundry
- 7'9" × 5'1"
- -
- Main
- Living Room
- 20'6" × 9'8"
- -
- Main
- Nook
- 11' × 5'4"
- -
- Above
- Bedroom
- 12'4" × 9'6"
- -
- Above
- Bedroom
- 9'6" × 8'5"
- -
- Above
- Bedroom
- 15' × 11'4"
- -
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- 2
- Above
- No
- 4
- Main
- No
- 2
- Above
- No
- 4
- Main
- No
- 2
- Above
- No
- 4
- Main
- No
- 2
- Above
- No
- 4
- Property Disclosure:
- Yes
- Fixtures Leased:
- No
- Sprinklers:
- Yes
- Smoke Detectors:
- Yes
- Services Connected:
- Electricity, Water
- Previous Price:
- $2,990,000
- Original Price:
- $2,990,000
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Listed by Oakwyn Realty Ltd.
Data was last updated December 7, 2023 at 06:10 AM (UTC)
- ALICE YANG
- Oakwyn Realty Ltd.
- 1 (778) 889-1984
- Contact by Email
Alice Yang
info@aliceinrealestate.com
Cell:
778-889-1984
Office:
604-714-1700
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