727 QUEENS Avenue
Uptown NW New Westminster V3M 1L7

$2,698,800
Multifamily beds: 6 baths: 6.0 7,209 sq. ft. built: 1912

Main Photo: 727 QUEENS Avenue in New Westminster: Uptown NW Multifamily for sale : MLS®# R2674519
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Status:
Active
Prop. Type:
Multifamily
MLS® Num:
R2674519
Bedrooms:
6
Bathrooms:
6
Year Built:
1912
An excellent opportunity to own this 7209 sq/ft Edwardian Mansion(fully rented) to generate income. This multi-unit(9 legal units) character building is surrounded by other large historic character homes and sits on a large 60x120ft lot. Ideal for principal use and keep some tenants as income property for future development. Fire code and safety condition in good working order, features: fir, oak floors, bay windows with stained glass, clawfoot tubs, high ceilings, mosaic tiles, fire place and much more (please refer to updates list attached to listing). Cap rate of 3.5% with great rental upside, rents well below market. Excellent walking distance to Douglas college, skytrain, New Westminster Quay, Queens park and uptown, downtown restaurants & shopping!
Property Type:
Multifamily
Dwelling Type:
Other
Year built:
1912 (Age: 110)
Total area:
7,209 sq. ft.
Total Floor Area:
7,209 sq. ft.
Main Floor Area:
2,295 sq. ft.
No. Floor Levels:
4.0
Bedrooms:
6 (Above Grd: 5)
Bathrooms:
6.0 (Full:6/Half:0)
Taxes:
$6,716.98 / 2021
Lot Area:
7,200 sq. ft.
Lot Frontage:
60'
Lot Depth:
120
Basement:
Full, Partly Finished
Fireplaces:
2
Parking Total/Covered:
0 / 1
Title to Land:
Freehold NonStrata
Shared Laundry
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Listed by Dien Realty
Data was last updated December 4, 2022 at 09:10 PM (UTC)
RALPH TSAI
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