1210 SEVENTH AVENUE in New Westminster: West End NW Commercial for sale : MLS®# C8017575
1210 SEVENTH AVENUE
New Westminster
V3M 2J7
:
West End NW
- $5,760,000
- Prop. Type:
- Commercial
- MLS® Num:
- C8017575
- Status:
- Sold
Outstanding turn key income opportunity that has been completely renovated & fully occupied. Incredible views of the Fraser River and Valley. Nothing to do here other than collect steady investment income in a prime location in New Westminster. Full upgrades including all new windows, newer roof, gutted & redone interior of all suites. Every unit comes with insuite laundry. New flooring, new kitchens, new bathrooms, new carpets common area. Over 4% cap rate & assumable 10 yr mortgage at a low rate. Rent increases due on 10 units bringing in an additional $6,480 per year in Gross Revenue. Potential Cap at 4.26% - Virtual Tour at https://player.pixilink.com/14946
Sutton Group-West Coast Realty
Data was last updated February 28, 2021 at 04:00 AM (UTC)