Multi Family

1207 FOURTH Avenue
Uptown NW New Westminster V3M 1T8

$7,900,000
Multi-Family Commercial

Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8030117
Build. Type:
Low Rise (2-4 stories)
The current rental market is very active & tight with less than 1% vacancy rate. The market rental rates for one bedroom are between $1,100 to $1,300. The building has 29 one bedroom the rates are between $605 to $1,050. There are a lot of upside potential on rental rates. The potential annual rental could be $430,800 or more.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Concrete Block
Building Type:
Low Rise (2-4 stories)
Year built:
1954 (Age: 66)
Total Floor Area:
0.57 acre(s)
Land Use/Zoning:
RM2
Taxes:
$26,094.07 / 2019
Env Assmt Phase:
None
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Listed by CM Realty & Properties Ltd.
Data was last updated February 24, 2020 at 11:05 PM (UTC)
Bruce Long CCIM, FRI
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