$1,560,000
727 FOURTH AVENUE, New Westminster BC V3L 2W4
8 Beds
10.0 Bath
4,000 Sq Ft
Built 1944
Residential Other
Listed by: Macdonald Commercial Real Estate Services Ltd..
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Description
8, 154 Sq.Ft. Lot improved with a 10-unit rental apartment building generating a 4%+ net cap rate, located just steps from the amenity-rich Uptown district of New Westminster, BC. The property offers meaningful rental upside driven by its prime location and strong demand fundamentals. RM-2 zoning permits low-rise apartment redevelopment up to 1.8 FSR, providing long-term density and value-add potential.
Location
Approximate location supplied by the listing data provider.
Property Details
| Property Type | Residential Other |
|---|---|
| Sub Type | Other |
| Bedrooms | 8 |
| Bathrooms | 10.0 |
| Living Area | 4,000 sq ft |
| Lot Size | 8,154 sq ft |
| Year Built | 1944 |
| Stories | 2.0 |
| Listing ID | R3163433 |
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