Description

Opportunity to acquire a fourplex situated in an area of development potential – Lower Twelfth Street & Sharpe of New Westminster. Currently property boasts four rental suites with 1 one-bedroom suite and 3 two—bedroom suite fully tenanted along with open parking spaces. Tenants are on month-to-month tenancies and uses the con laundry provided in the property. Hold for income and future development potential! Located near the corner of Thirteenth Street and 4th Avenue. Closest transit is within 2 blocks. City centre with many amenities are four blocks away along Royal Avenue. The New Westminster Skytrain Station is approximately 15 minutes walk, along the way is full of restaurants and everyday amenities.

Taxes (2018): $3,807.54