Baljinder: 604-825-0034 Garry: 604-755-2943


LOADING

727 Queens Avenue New Westminster, British Columbia V3M 1L7

7209 sqft

$2,698,800

An excellent opportunity to own this 7209 s.f. Edwardian Mansion(fully rented) to generate income. This multi-unit character building is surrounded by other large historic character homes and sits on a large 60x120ft lot, is generating $105,459/yr. Ideal for principal use and keep some tenants as income property for future development. Fire code and safety condition in good working order, features: fir , oak floors, bay windows with stained glass, clawfoot tubs, high ceilings, mosaic tiles, fire place and much more (please refer to updates list attached to listing). Cap rate of 3.5% with great rental upside, rents well below market. Excellent walking distance to Douglas college, sky train, New Westminster Quay, Queens park and uptown, downtown restaurants & shopping! (id:21419)

Property Details

MLS® Number C8043575
Property Type Multi-family

Building

Constructed Date 1912
Fireplace Present No
Size Interior 7209 Sqft

Land

Acreage No
Sewer Storm Sewer
Size Irregular 7200
Size Total 7200 Sqft
Size Total Text 7200 Sqft
Zoning Description Rs-1

Utilities

Electricity Available
Natural Gas Available
Sewer At Lot Line

https://www.realtor.ca/real-estate/24245389/727-queens-avenue-new-westminster