514 Third Av - Multi-Family FOR SALE
New Westminster, BC V3L 1M7 |
$1,584,400 CAD
604-442-3911
514 Third Av
New Westminster, BC V3L 1M7
HIGHLIGHTS
- Fully leased five-unit apartment building with consistent rental income.
- Located near Queens Park and within walking distance to downtown New Westminster.
- Recent renovations completed in 2022, reducing immediate maintenance needs.
- RT-1 zoning allows for multifamily and duplex development potential.
- Excellent access to public transit, including SkyTrain, and major roadways.
- Situated in a vibrant neighborhood with strong tenant demand and future growth prospects.
OVERVIEW
Fully tenanted multi family investment. Simple to manage and terrific location for tenants and future re-development assembly. Just off Sixth Street on the edge of the renowned Queens Park neighborhood This location has a bright future ahead . Excellent time to add a small investment property to your portfolio.
FOR SALE DETAILS
PRICE
$1,584,400 CAD
PRICE/SF
$518 CAD /SF
# OF UNITS
5
PRICE/UNIT
$316,880
CAP RATE
2.83%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1901
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
RT-1
APN/PARCEL ID
005-071-089
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604-442-3911
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604-442-3911
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