727 Fourth Avenue New Westminster, British Columbia

MLS^®: R3080584

URL:

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 permits low-rise apartment redevelopment up to 1.8 FSR, providing a path to redevelopment in addition to value-add potential.

Listing Information

Prop. Type:: Other

Property Style:: Other

Status:: Active

City:: New Westminster

Bedrooms:: 8

Full Bathrooms:: 10

Neighborhood:: GlenBrooke North

Area:: New Westminster

Province:: British Columbia

MLS^® Number:: R3080584

Listing Price:: $1,750,000

Taxes:: $8,018

General Information

Year Built:: 1944
Lot Size (sqft):: 8154.0 ft²

Total Square Feet:: 4000ft²

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Location

Sue Tarrant
Sutton Group - West Coast Realty
#100 - 801 Marine Dr., North Vancouver, BC
Office: 604-986-9321
Mobile: 604-618-3174
Fax: 604-986-9122

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