New Westminster Multi Family Commercial Buildings

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  • 1210 SEVENTH Avenue in New Westminster: West End NW Multi-Family Commercial for sale : MLS®# C8017575

    Main Photo: 1210 SEVENTH Avenue in New Westminster: West End NW Multi-Family Commercial for sale : MLS®# C8017575
    • front
    $5,760,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8017575
    Build. Type:
    Low Rise (2-4 stories)
    Outstanding turn key income opportunity that has been completely renovated & fully occupied. Incredible views of the Fraser River and Valley. Nothing to do here other than collect steady investment income in a prime location in New Westminster. Full upgrades including all new windows, newer roof, gutted & redone interior of all suites. Every unit comes with insuite laundry. New flooring, new kitchens, new bathrooms, new carpets common area. Over 4% cap rate & assumable 10 yr mortgage at a low rate. Rent increases due on 10 units bringing in an additional $6,480 per year in Gross Revenue. Potential Cap at 4.26% - Virtual Tour at https://player.pixilink.com/14946 More details
    Sutton Group-West Coast Realty
    Jordy Brisbin
  • 411 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8016846

    Main Photo: 411 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8016846
    $4,408,888
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8016846
    Build. Type:
    Freestanding
    Renovated and upgraded multi-family building located in the upscale heritage neighbourhood of Queens Park in New Westminster. The property contains 10 large desirable character suites (Four studios and Six 1 bdrms), plus one caretaker suite (studio), as well as a separate five stall garage building situated on a 17,326 sf lot. The building is NOT designed heritage and can be redeveloped. The property is zoned RS-1 but designated RD in the OCP to allow for an additional laneway/carriage house building to be constructed on the property to a maximum of 958 sf. The building interior has been thoroughly renovated and upgraded, as well as new roof installed in 2006. Low operating expenses with the property as tenants pay their own hydro & gas. Actual NOI $173,000. More details
    CBRE Limited
    Jordy Brisbin
  • 76 COBURG Street in New Westminster: Downtown NW Multi-Family Commercial for sale : MLS®# C8013976

    Main Photo: 76 COBURG Street in New Westminster: Downtown NW Multi-Family Commercial for sale : MLS®# C8013976
    $3,668,000
    Multi-Family Commercial
    Status:
    Active
    MLS® Num:
    C8013976
    Build. Type:
    Low Rise (2-4 stories)
    Extremely well maintained legal 12 unit complex consisting of 8 - 2 br and 4 - 1 br. Suitable for investor interested in a self-managed turnkey building. Three storey walk-up wood frame with a gated basement garage with 12 parking stalls. Located on the southwest corner of Coburg Street and Royal Avenue close to Queen's Park. Tenants responsible for electric heat with each unit individually metered. More details
    Multiple Realty Ltd.
    Jordy Brisbin
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Listing information last updated on April 21, 2018 at 12:18 PM (UTC)
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