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New property listed in Downtown NW, New Westminster

New property listed in Downtown NW, New Westminster

I have listed a new property at 404 ROYAL AVE in New Westminster. See details here

TURN-KEY INVESTMENT- 4PLEX fully rented! Gross income $11,000 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!

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