877-605-9882

727 Fourth Avenue GlenBrooke North, New Westminster

8 bed | 10 bath | $1,750,000

Photo 1 at 727 Fourth Avenue, GlenBrooke North, New WestminsterPhoto 2 at 727 Fourth Avenue, GlenBrooke North, New Westminster
727 Fourth Avenue, GlenBrooke North, New Westminster
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"About this House in GlenBrooke North, New Westminster"

 

8,154 Sq.Ft. Lot improved with a 10-unit rental apartment building generating a 4%+ net cap rate, located just steps from the amenity-rich Uptown district of New Westminster, BC. The property offers meaningful rental upside driven by its prime location and strong demand fundamentals. RM-2 zoning permits low-rise apartment redevelopment up to 1.8 FSR, providing a path to redevelopment in addition to value-add potential.

Listed by Macdonald Commercial Real Estate Services Ltd..

 
 

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of KanaVero Real Estate for your convenience.

Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.

 

Property Features

  • MLS® : R3080584
  • Type : House
  • Bedrooms : 8
  • Bathrooms : 10
  • Square Feet : 4,000 sqft
  • Lot Size : 8,154 sqft
  • Full Baths : 10
  • Half Baths : 0
  • Taxes : $8018.42
  • Basement : None
  • Storeys : 2 storeys
  • Year Built : 1944
  • Style : Other
 

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Photo 1 at 727 Fourth Avenue, GlenBrooke North, New Westminster
Photo 2 at 727 Fourth Avenue, GlenBrooke North, New Westminster