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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
Photo 4: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 5: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 6: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 7: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 8: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 9: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 10: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 11: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 12: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 13: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 14: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 15: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 16: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
Photo 17: 404 ROYAL Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2819578
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:
2 Storey
Year built:
1979 (Age: 45)
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 March 4, 2024 at 11:10 AM (UTC)
ALICE YANG
Alice Yang
Cell: 778-889-1984
Office: 604-714-1700
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