111 113 First Street, New Westminster, BC

  • 10 beds
  • 5 baths
  • 4,428 sqft
  • lot size: 8,712 sqft
  • 1972 built
  • R2489038

$2,800,000

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Secondary Information

General Info

Status
Active
Sub-Area
Queens Park
Area
New Westminster
City
New Westminster
Province
BC
Taxes
$6,309 / 2020
Property Type
Duplex
SIZE: 4,428 sqft TAXES (2020): $6,309
MLS®: R2489038
TYPE: Duplex $/Sq.Ft: 632
SUBAREA: Queens Park

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.

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Listing Courtesy of LeHomes Realty
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