Greater Vancouver PID Homes

1314 Fifth Avenue New Westminster, British Columbia V5R 5B6

13200 sqft

$4,099,000

Welcome to Southview Apartment, a 16 Unit Multifamily Building Fully Occupied with Excellent Cash Flow! Mix of units consist of: 10 x 2 bedrooms, 5 x 1 bedrooms, 1 x bachelor suite. Ground floor coin operated laundry and storage lockers available. 3 Story wood frame walk up building with surface parking, newer roof; recent upgrades include hot water tank, exterior paint, lighting. Unit improvements: flooring, bathroom, kitchen. Offered at $256,188 per door with current 2021 capitalization rate of 3.39% and Proforma of 4.90%. Current NOI $139,025 with upside. Visit for additional information and pictures: https://www.praedia.ca/commercial/1314-Fifth-Ave%2C-New-Westminster%2C-BC and enquire for further details including Property Book with financials. (id:39665)

Virtual Tour

Brochure

Photos

Property Details

MLS® Number	C8040589
Property Type	Multi-family
Features	Lane

Building

Amenities	Street Lighting
Constructed Date	1959
Fireplace Present	No
Size Interior	13200 Sqft

Land

Acreage	No
Size Irregular	8712
Size Total	8712 Sqft
Size Total Text	8712 Sqft
Zoning Description	Rm-2

Utilities

Cable	Available
Electricity	Available
Water	At Lot Line
Natural Gas	Available
Telephone	Available

Aerial
Walking Score

https://www.realtor.ca/real-estate/23707218/1314-fifth-avenue-new-westminster

Interested?

Arnold Sam

(604) 505-6810
www.praedia.ca/

Magsen Realty Inc.
3173 Main Street
Vancouver, British Columbia V5T 3G8

(604) 872-3218
(604) 872-0138

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Data Provider
Real Estate Board Of Greater Vancouver

Listing Office
Magsen Realty Inc.

Listing Updated
October 07 2021 03:03:47

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