727 QUEENS AVENUE

new westminster, British Columbia, V3M1L7

$2,698,800

An excellent opportunity to own this 7209 sq/ft Edwardian Mansion(fully rented) to generate income. This multi-unit(9 legal units) character building is surrounded by other large historic character homes and sits on a large 60x120ft lot. Ideal for principal use and keep some tenants as income property for future development. Fire code and safety condition in good working order, features: fir, oak floors, bay windows with stained glass, clawfoot tubs, high ceilings, mosaic tiles, fire place and much more (please refer to updates list attached to listing). Cap rate of 3.5% with great rental upside, rents well below market. Excellent walking distance to Douglas college, skytrain, New Westminster Quay, Queens park and uptown, downtown restaurants & shopping! (id:28117)

  • Beds

    6

  • Baths

    6

  • Sq Ft

    7209

  • Age

    110

Property Details
  • MLS® Number R2674519
  • Property Type Single Family
Building
  • Bathroom Total: 6
  • Bedrooms Total: 6
  • Amenities: Shared Laundry
  • Basement Development: Partially Finished
  • Basement Features: Unknown
  • Basement Type: Full (partially Finished)
  • Constructed Date: 1912
  • Fireplace Present: No
  • Size Interior: 7209 Sqft
Land
  • Acreage: No
  • Size Frontage: 60 Ft
  • Size Irregular: 7200
  • Size Total: 7200 Sqft
  • Size Total Text: 7200 Sqft

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