Joel Korn | 604-722-4588

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1210 SEVENTH AVENUE in New Westminster: West End NW Commercial for sale : MLS®# C8017575

1210 SEVENTH AVENUE New Westminster V3M 2J7 : West End NW

Main Photo: 1210 SEVENTH AVENUE in New Westminster: West End NW Commercial for sale : MLS®# C8017575banner
$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
Price:
$5,760,000
Property Type:
Commercial
MLS® Num:
C8017575
Status:
Sold
Sutton Group-West Coast Realty
Data was last updated August 4, 2021 at 03:10 PM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
Joel Korn
Cell:604-722-4588
Office:604-714-1700
Sutton Grp West Coast (Broadway)
301-1508 West Broadway
Vancouver, BC
V6J 1W8 CA
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.