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Vancouver West Real Estate

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634 TWELFTH Street
West End NW New Westminster V7T 1G3

$4,000,000
Multi-Family Commercial

Main Photo: 634 TWELFTH Street in New Westminster: West End NW Multi-Family Commercial for sale in "Tipperary Apartments" : MLS®# C8060698
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8060698
Build. Type:
Multiple Tenant/Multi-Plex (5+)
Macdonald Commercial is proud to present an exciting opportunity to acquire a centrally located 14-unit rental apartment building in New Westminster, BC within a close radius of several parks, shops, and other New Westminster attractions. The building offers two penthouse suites and views out to the Fraser River. Built in 1956, this three-storey walk-up building features 14 residential rental suites. Gated parking is provided behind the building and offers 9 spacious covered stalls and 5 outdoor stalls. All but one suite have been renovated since 2009 and offer exceptional views out to the Fraser River. Windows are double-paned with screens and most suites feature laminate flooring; one has vinyl flooring and one has carpet. Here is a rare opportunity to own a residential rental in an area offering a plethora of shops, services, and amenities, which will provide consistent rental demand!
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+)
Name of Complex/Subdivision:
# Other Units:
# of 1 Bedroom Appartments:
14
# Storeys:
3.0
Total Floor Area:
0 sq. ft.
Minimum Divisible Area:
0 sq. ft.
Lot Area:
8,157.6 sq. ft.
Lot Depth:
132
Lot Frontage:
61'10"
Land Use/Zoning:
C-2A
Permitted Use:
Multifamily (5+)
Taxes:
$14,882.88 / 2023
# Elevators:
1
Roof:
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 634 TWELFTH Street in New Westminster: West End NW Multi-Family Commercial for sale in "Tipperary Apartments" : MLS®# C8060698
    Photo 1 of 1
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated June 27, 2024 at 08:10 AM (UTC)
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