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®# C8017575
$5,760,000
Prop. Type:
Commercial
MLS® Num:
C8017575
Status:
Active
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
Listed Date:
Mar 13, 2018
Original Price:
$5,760,000
Sutton Group-West Coast Realty
Listing information last updated on March 13, 2018 at 07:52 PM (UTC)
Joel Korn
Cell:604-722-4588
Office:604-714-1700
Sutton Grp West Coast (Broadway)
301-1508 West Broadway
Vancouver, BC
V6J 1W8 CA