2
$1,560,000 Sale
Listed 48 days ago
727 Fourth Avenue
· 8
· 10
· 4
· 4000
Key Facts
Key facts for 727 Fourth Avenue
Property Type
Other, Other
Parking
4 parking
MLS #
R3163433
Size
4000 sqft
Basement
None
Listed on
-
Lot size
8154.00 sqft
Tax
$8,018.42 /yr
Days on Market
-
Year Built
1944
Maintenance Fee
-
Description
8, 154 Sq.Ft. Lot improved with a 10-unit rental apartment building generating a 4%+ net cap rate, located just steps from the amenity-rich Uptown district of New Westminster, BC. The property offers meaningful rental upside driven by its prime location and strong demand fundamentals. RM-2 zoning pe...rmits low-rise apartment redevelopment up to 1.8 FSR, providing long-term density and value-add potential.
Room Types
Bedroom
-
Dimensions 10' x 10'
100 sqft
Bedroom
-
Dimensions 10' x 10'
100 sqft
Bedroom
-
Dimensions 10' x 10'
100 sqft
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Courtesy of: Macdonald Commercial Real Estate Services Ltd.