About 404 Royal Avenue
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!
Features of 404 Royal Avenue
| MLS® # | R2814422 |
|---|---|
| Price | $2,990,000 |
| Bedrooms | 12 |
| Bathrooms | 8.00 |
| Full Baths | 4 |
| Half Baths | 4 |
| Square Footage | 4,800 |
| Acres | 0.15 |
| Year Built | 1979 |
| Type | Residential Detached |
| Sub-Type | House/Single Family |
| Style | 3 Storey |
| Status | Active |
Community Information
| Address | 404 Royal Avenue |
|---|---|
| Area | New Westminster |
| Subdivision | Downtown NW |
| City | New Westminster |
| Province | BC |
| Postal Code | V5Y 2B1 |
Amenities
| Parking Spaces | 9 |
|---|---|
| Parking | Garage Underbuilding |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Electric |
|---|---|
| Fireplace | Yes |
| # of Fireplaces | 4 |
Listing Details
| Office | Oakwyn Realty Ltd. |
|---|
