Total Lot Size: 8164 sqft Total Suites : 16 Units Lot Dimensions: 66 x 123.7 Property Taxes 2017: $11,961 Date Sold: June 2018 Date Published: October 15, 2018 Year  Built: 1960 Asking Price: $5,760,000 SOLD Price: $5,650,000 Renovated apartment building in New Westminster. The building was redone and fully tenanted. The property came with an over 4% CAP rate and some room for rents to increase. Turnkey investment income with very low 10-year assumable mortgage. The building has 11 one bedroom units and 5 two bedroom units and comes with views of the Fraser River and the Valley. Property is located in close proximity to transit and only 5 minutes from the park.       We are looking for further apartment buildings to sell to our clients. If you own an apartment building in the Lower Mainland get in touch with  Eni at 778 371 1534 Contact Us! We would love to hear from you! Please fill out this form and we will get in touch with you shortly....

Address: 1210 Seventh Ave. New Westminster, BC Total Lot Size: 8164 sqft Total Suites : 16 Units Lot Dimensions: 66 x 123.7 Property Taxes 2017: $11,961 Year  Built: 1960 Asking Price: $5,760,000   Outstanding turn key income opportunity that has been completely renovated and fully occupied. Incredible views of the Fraser River and Valley. Nothing to do here other than collect steady investment income in a prime location in New Westminster. Full upgrades including all new windows, newer roof, gutted & redone interior of all suites. In suite washer. New flooring, new kitchens, new bathrooms, new carpets in  common area and much more. Over 4% cap rate and assumable 10 year mortgage at a low rate.   HIGHLIGHTS – Highly Desirable Location in New Westminster -4 Minute Drive to New Westminster Skytrain Station – 11 Minutes to Skytrain by bus – Completely Renovated Building -Fully occupied -4.14% Cap Rate -Fantastic River Views     Full details available to qualified clients. If you require further information about the property feel free to call Eni at 778 371 1534 Contact Us! We would love to hear from you! Please fill out this form and we will get in touch with you shortly....