604-306-4414

727 Fourth Avenue GlenBrooke North, New Westminster

8 bed | 10 bath | $1,750,000

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Photo 1 at 727 Fourth Avenue, GlenBrooke North, New WestminsterPhoto 2 at 727 Fourth Avenue, GlenBrooke North, New Westminster
727 Fourth Avenue, GlenBrooke North, New Westminster
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"About this House in GlenBrooke North, New Westminster"

 

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 a path to redevelopment in addition to value-add potential.

Listed by Macdonald Commercial Real Estate Services Ltd..

 

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Property Features

  • MLS® : R3080584
  • Type : House
  • Bedrooms : 8
  • Bathrooms : 10
  • Square Feet : 4,000 sqft
  • Lot Size : 8,154 sqft
  • Full Baths : 10
  • Half Baths : 0
  • Taxes : $8018.42
  • Basement : None
  • Storeys : 2 storeys
  • Year Built : None
  • Style : Other
 

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Photo 1 at 727 Fourth Avenue, GlenBrooke North, New Westminster
Photo 2 at 727 Fourth Avenue, GlenBrooke North, New Westminster