Address
111 113 First Street New Westminster, BC
Price
$ 2,800,000
Property Attributes
  • MLS#R2489038
  • TypeMulti-Family
  • CountyBRITISH COLUMBIA
  • CityNew Westminster
  • AreaNew Westminster
  • NeighborhoodQueens Park
  • ZipV3L 2G3
  • StyleDuplex
  • Year Built1972
  • Taxes6308
  • Price$ 2,800,000
  • Bedrooms10
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage4428
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
LeHomes Realty
Property Description

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.

General Features

Age 48
Internet 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
Public 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
Sub-area/community Queens Park
Title to Land Freehold NonStrata
Type of Dwelling Duplex
Virtual Tour https://my.matterport.com/show/?m=8cZUSg2XJtj&fbclid=IwAR3UigBFt0F9lA0aXdeQ4yA3d61s3y-mA4X1RApO3383JoNSyfV1_P6-278
Year Built 1972

Interior Features

Floor Area -grand Total 4428
Floor Area Fin - Main Flr 2520

Exterior Features

Lot Length 132
Lot Size Area 0.20
Lot Sz (hectares) 0.08
Lot Sz (sq.ft.) 8712.00
Lot Sz (sq.mtrs.) 809.37
Lot Width 66.00

Amenities

  • Views
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in V3L 2G3

Price
AVG $2.8M
$2.8M
Taxes
AVG $6,308
$6,308
Visits
AVG 107
82
Year Built
AVG 1972
1972
Walkscore
AVG 56
56
Data Provided by Walkscore ® not using MLS data