49.213036 -122.913086

411 THIRD AVENUE, New Westminster, BC V3L 2S3

283986605 49.213036 -122.913086 734 /listing/283986605-150112754/411-third-avenue-new-westminster-bc-v3l-2s3 False 0 4998800.0 6343 105 10 11 R2515379 False
  • $4,998,800
  • 10 bd
  • 11 full ba
  • 6,343 sqft
  • 97.00 X 175 lot

Property & Neighborhood Info

Courtesy Of The Firm Real Estate Services Ltd.

Multi-Family in New Westminster

UNBEATABLE INVESTMENT OPPORTUNITY! 11-unit multifamily building in prime Queens Park location in New Westminster. 17,667 sq.ft of land, nearly 10,000 sq.ft of living area, 10 self contained suites (Four studios & Six 1 bdrms), plus one caretaker suite (studio), plus separate five stall garage building. Separately metered for all utilities. Low maintenance costs of approx 10% of gross income. Low property tax. 3 laneways converging at rear of property. Updates incl new roof in 2006, newer HE boiler system, all electrical & copper piping done in 90's, clean environmental phase 1. Approx $213,000 of NET INCOME. Priced at a 5.45% cap rate. Currently accepting best offers over list price. 2020 AACI conservatively appraised at $4.7M. Clean Quick closing offers are given First priority.

Courtesy Of The Firm Real Estate Services Ltd.
  1. 10 Beds
  2. 11 Full Bath
  3. 6,343 Sq. Ft.
  4. 97.00 X 175 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1912
  • Floors: 2
  • Full Bath: 11
  • Taxes: $12,710.97
  • Tax Year: 2019
  • Subdivision: Queens Park
  • MLS® Number:R2515379

Additional Features

  • Age:
    • 108
  • Dwelling Type:
    • Other
  • Acres:
    • 0.41
  • Community:
    • Queens Park
  • Title:
    • Freehold NonStrata
  • Depth:
    • 175
  • Floor Area Fin - Main Flr:
    • 3345
  • Frontage - Feet:
    • 97.00
  • Frontage - Metres:
    • 29.57
  • Gross Taxes:
    • 12710.97
  • Lot Size (Hectares):
    • 0.16
  • Lot Size (Sq. Mtrs.):
    • 1641.32
  • Real Estate Board:
    • Real Estate Board of Greater Vancouver
Neighborhood info courtesy of Homes.com © 2021
Marc Jurock
Marc Jurock
Associate
110, 6086 Russ Baker Way Richmond BC V7B 1B4
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49.213036 -122.913086

411 THIRD AVENUE New Westminster, BC V3L 2S3

283986605 49.213036 -122.913086 734 /listing/283986605-150112754/411-third-avenue-new-westminster-bc-v3l-2s3 False 0 4998800.0 6343 105 10 11 R2515379 False
  • $4,998,800
  • 10 bd
  • 11 full ba
  • 6,343 sqft
  • 97.00 X 175 lot