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Main Photo:  in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8039648
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8039648
Build. Type:
Low Rise (2-4 stories)
11 unit multifamily property located at New Westminster, 3.6% cap rate, fully occupied with long term lease, low maintenance cost, great holding property with future development potential. 3 Laneways converging at rear of property that allowing for future redevelopment, infill density. 17,667 sq.ft. large land parcel, 9800 sq.ft. building size. Additional separate building with 5 bay garages. Contact listing agent for a private showing.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Concrete Block
Building Type:
Low Rise (2-4 stories)
# Units:
11
# Storeys:
3.0
Year built:
1912 (Age: 109)
Total Floor Area:
17,667 sq. ft.
Land Use/Zoning:
RS1
Taxes:
$12,710.97 / 2019
HVAC:
Hot Water
Env Assmt Phase:
Yes
Cap Rate %:
3.6
Other Income:
$0
Effective Gross Income:
$243,294
Gross Income:
$243,294
Oper. Expenses:
$20,000
Net Operating Income:
$223,294
Original Price:
$6,200,000
  • Photo 1:  in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8039648
    Photo 1 of 1
Listed by RE/MAX COMMERCIAL ADVANTAGE
Data was last updated September 27, 2021 at 09:10 PM (UTC)
TINA WANG
TINA WANG WECHAT
  • TINA WANG WECHAT
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