1320 Fifth Ave, New Westminster, BC

$4,990,000

Status:

Active

Zoning:

Lot Size (sq ft):

RM-2

8712 (132W x66L )

Property Type:

Space Size (sq ft):

Multifamily Investment Property

11973

Approx. Year Built:

1963

Opportunity to acquire a 13 Unit; Multifamily Building Fully Occupied with Excellent Cash Flow

PID: 009-284-311 & 009-284-338
Legal: LOT 1 & 2 OF LOT 17 SUBURBAN BLOCK 7 PLAN 2620

13 Unit Multifamily Building consisting of:
13 x 2 Bedroom Units - 12 with Patios
All units fully renovated with excellent income.

3 Story wood frame walk up building with surface parking

2022 Capitalization Rate of 2.73% and Proforma of 3.71%

Call for financial details, further information in our property book and to schedule a tour 604.505.6810

Next door property 1314 Fifth Ave just SOLD!

https://www.praedia.ca/commercial/1314-Fifth-Ave%2C-New-Westminster%2C-BC

At Praedia, every property we market we create an in depth Property Information Booklet, this helps us communicate with you on specific property information related to not only this property but surrounding pertinent details to help with your decision making.  Contact us for this information or any other questions you may have.