Jane Meadows

Call: (604) 240-5263 and (604) 943-8080 |

My Office Listings

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  • 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138

    Main Photo: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    • Photo 1: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    • Photo 2: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    • Photo 3: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    • Photo 4: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    • Photo 5: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    • Photo 6: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    • Photo 7: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    • Photo 8: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    • Photo 9: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    • Photo 10: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    • Photo 11: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    • Photo 12: 411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2431138
    $5,288,800
    Multifamily
    Status:
    Active
    MLS® Num:
    R2431138
    Bedrooms:
    10
    Bathrooms:
    11
    Floor Area:
    6,760 sq. ft.
    UNBEATABLE INVESTMENT OPPORTUNITY W/ REDEVELOPMENT POTENTIAL! 11-unit multifamily building in prime Queens Park location in New Westminster. 17,667 sq.ft of land, 9,800+ sq.ft of living area, non-heritage status, 10 self contained suites (Four studios & Six 1 bdrms), plus one caretaker suite (studio), plus separate five stall garage building. Separately metered for all utilities. Low maintenance costs of approx 10% of gross income. Low property tax. Queens Park OCP 2041 proposes medium density transition zone. 3 laneways converging at rear of property allows for strategic redevelopment access points. Updates incl new roof in 2006, newer HE boiler system, all electrical & copper piping done in 90's, clean environmental phase 1. Approx $200,000 of NET INCOME. Priced at 3.8% cap rate More details
    Listed by Fraser Elliott PREC* of RE/MAX Progroup Realty
    JANE MEADOWS
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Data was last updated February 26, 2020 at 06:10 PM (UTC)
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