111 113 First Street, New Westminster

$2,800,000
  • Remarks: GREAT INVESTMENT OPPORTUNITY! 4-unit in a side by side duplex building in “Prestigious” Queen’s Park location, step away from Queen’s Park, Herbert Spencer Elementary, shopping and Skytrain. 8712 sq.ft of land, 4428 sq.ft of living space on two floors,4 self contained suites (Two 3 Bdrms & Two 2 Bdrms), plus separate 2 carport. Low maintenance costs of approx 6% of gross income. Updates incl new roof in 2006, New High efficiency furnaces 2009, newer double glazed windows 2012, Newer Hot water Tank 2020 and all upgraded flooring, kitchens, bathrooms in all suites, balconies, patios & sundecks, garden, 2 fireplaces. Approx $92,000 of NET INCOME per year. Priced at 3.2% capitalization rate. BC Assessment value for one side.

Property Details

  • Postal Code: V3L 2G3
  • Price: $2,800,000
  • Half Baths: 1
  • MLS #: R2489038
  • Status: Active
  • Floor Area Fin – Main Flr: 2520
  • Baths Total: 5
  • Property Type: Multifamily
  • Age: 48
  • Year Built: 1972
  • Lot Sz (Sq.Mtrs.): 809
  • Lot Sz (Sq.Ft.): 8712
  • Type of Dwelling: Duplex
  • Sub-Area/Community: Queens Park
  • State: BC
  • Est.SqFt: 4428
  • Beds Total: 10
  • Full Baths: 4

Interior Features

  • Depth: 132
  • No. Floor Levels: 2

Exterior Features

  • Frontage – Feet: 66
  • Frontage – Metres: 20

Financial/Other Information

  • Gross Taxes: 6309
  • For Tax Year: 2020
  • Title to Land: Freehold NonStrata
  • Last Trans Date: 2020-09-26 15:53:19

This Listing is Courtesy of:
LeHomes Realty.

Additional Information

New Westminster Multi-Family Property For Sale, located at New Westminster 111 113 FIRST STREET New Westminster BC V3L 2G3 is currently available with a Lot Size of 4428 sqft. and is currently listed at $2,800,000.

You can search all New Westminster Real Estate and surrounding areas for New Westminster Luxury Homes for sale, houses and even New Westminster Condos for sale. To find out more about other Real Estate available in New Westminster, BC. Contact Us!

You are viewing the Official New Westminster MLS® details for the Multi-Family Property For Sale, at the address New Westminster 111 113 FIRST STREET New Westminster BCV3L 2G3 – MLS®# R2489038.

Thank you for viewing the Multi-Family Property here on our New Westminster Real Estate website and if you have additional questions regarding this New Westminster Property 111 113 FIRST STREET New Westminster BC V3L 2G3 with the New Westminster MLS®# R2489038 or questions regarding the New Westminster Real Estate Market then please give us a call at 888-689-0700 to speak with one of our Local New Westminster Real Estate Agents.

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This MLS® Was Updated (-Minutes) Ago.

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