411 THIRD AVENUE New Westminster, BC V3L 2S3

261104453 49.213024 -122.9131 734 /listing/261104453-150122832/411-third-avenue-new-westminster-bc-v3l-2s3 False 0 5288800.0 6343 105 10 11 R2431138 False
$5,288,800
  • 10 bd
  • 11 full ba
  • 97.00 X 175 lot

Property & Neighborhood Info

Courtesy Of RE/MAX Progroup Realty

Multi-Family in New Westminster

UNBEATABLE INVESTMENT OPPORTUNITY W/ REDEVELOPMENT POTENTIAL! 11-unit multifamily building in prime Queens Park location in New Westminster. 17,667 sq.ft of land, 6,373 sq.ft of living area, non-heritage status, 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. Queens Park OCP 2041 proposes medium density transition zone. 3 laneways converging at rear of property allows for strategic redevelopment access points. Updates incl new roof in 2006, newer HE boiler system, all electrical & copper piping done in 90's, clean environmental phase 1. Approx $200,000 of NET INCOME. Priced at 3.8% cap rate

Courtesy Of RE/MAX Progroup Realty
  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:R2431138

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 © 2020
Casey Whitworth
Casey Whitworth
Associate
(604) 812-5410 (604) 541-4888
15414 - 24th Avenue Surrey BC V4A 2J3
request more info.
49.213024 -122.9131

411 THIRD AVENUE New Westminster, BC V3L 2S3

261104453 49.213024 -122.9131 734 /listing/261104453-150122832/411-third-avenue-new-westminster-bc-v3l-2s3 False 0 5288800.0 6343 105 10 11 R2431138 False
  • $5,288,800
  • 10 bd
  • 11 full ba
  • 6,343 sqft
  • 97.00 X 175 lot