GlenBrooke North, New Westminster
727 Fourth Avenue
Offered at $1,560,000
About this House in GlenBrooke North, New Westminster
8 Bedrooms • 10 Bathrooms • 4,000 sqft • Built in 1944
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 long-term density and value-add potential.
Listed by Macdonald Commercial Real Estate Services Ltd..
Listed by Macdonald Commercial Real Estate Services Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Malcolm Hasman 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.
More Details About This House in New Westminster
- MLS®R3163433
- Bedrooms8
- Bathrooms10
- TypeHouse
- Size4,000 sqft
- Lot Size8,154 sqft
- Full Baths10
- Half Baths0
- ParkingOpen (4)
- BasementNone
- Storeys2 storeys
- Year Built1944
- StyleOther
- Taxes$8018.42
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