House
8 Bedrooms
10 Bathrooms
Size: 4,000 sqft
Built in 1944
$1,560,000
About this House in GlenBrooke North
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..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Team 3000 Realty Ltd. 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
- MLS®R3163433
- Bedrooms8
- Bathrooms10
- TypeHouse
- Size4,000 sqft
- Lot Size8,154 sqft
- Year Built1944
More about GlenBrooke North, New Westminster
Latitude: 49.21704932
Longitude: -122.92045525
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