Multifamily for Sale

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608 TENTH Street
Moody Park New Westminster V3M 3Z7

$3,625,000
Multi-Family Commercial

Main Photo: 608 TENTH Street, New Westminster
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8057587
Avison Young is pleased to market for sale 608 Tenth Street, New Westminster, BC (the “Property”). This 11-unit rental apartment building features all large bright corner units with views. The layout and design provide for ease and flexibility to convert all the one-bedroom units to two-bedroom units with nominal capital cost. One already converted unit demonstrates the ease of conversion. There is also an ability to add an additional one-bedroom legal suite. The Property is located directly across from Moody Park and is in the highly desirable West End neighbourhood offering convenient access to uptown New Westminster, Twelfth Street, Sixth Street and an abundance of shopping, services and amenities within walking distance.
Sale Type:
Asset or Share
Name of Complex/Subdivision:
# Units:
11
# Other Units:
# of Appartments:
11
# of Studio Appartments:
1
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
9
# of 2 Bedroom Appartments:
1
# of 3 Bedroom Appartments:
0
Minimum Divisible Area:
0 sq. ft.
Lot Area:
7,235 sq. ft.
Lot Depth:
0
Lot Frontage:
0'
Land Use/Zoning:
RM-2
Permitted Use:
Multifamily (5+)
Taxes:
$9,617.53 / 2023
Services Connected:
Cable, Electricity, Garbage Collection, Telephone
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
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: 608 TENTH Street, New Westminster
    Photo 1 of 1
Listed by Avison Young
Data was last updated April 13, 2024 at 07:10 AM (UTC)
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