NEW PRICE! BELOW ASSESSMENT! Opportunity to acquire a fully renovated 13 unit Multifamily Building in New Westminster, all 2 large bedrooms. Fully Occupied, Excellent Cash Flowing Opportunity being offered at 4.0% capitalization rate with 4.7%+ Proforma. 3 Story wood frame walk up building with surface parking, new roof, recent upgrades include boiler system, hot water tank, exterior paint, lighting. All units updated. Share sale possible for potential PTT savings! Enquire to schedule a tour and further details including Property Book with financials, survey, inspection report, environmental phase 1 and more. (id:49148)
MLS® Number | C8049379 |
Property Type | Multi-family |
Road Type | Paved Road |
Amenities | Street Lighting |
Constructed Date | 1963 |
Size Interior | 11973 Sqft |
Acreage | No |
Size Irregular | 8712 |
Size Total | 8712 Sqft |
Size Total Text | 8712 Sqft |
Zoning Description | Rm-2 |
Cable | Available |
Electricity | Available |
Water | At Lot Line |
Natural Gas | Available |
Telephone | Available |
https://www.realtor.ca/real-estate/25259121/1320-fifth-avenue-new-westminster
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