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514 Third Av 5 Unit Apartment Building Offered at $1,158,500 USD at a 2.83% Cap Rate New Westminster, BC V3L 1M7


Executive Summary
Fully tenanted multi family investment. Simple to manage and terrific location for tenants and future re-development assembly. Just off Sixth Street on the edge of the renowned Queens Park neighborhood This location has a bright future ahead . Excellent time to add a small investment property to your portfolio.
Property Facts
| Price | $1,158,500 USD | Apartment Style | Low-Rise |
| Price Per Unit | $231,700 USD | Building Size | 3,060 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 2.83% | No. Stories | 2 |
| No. Units | 5 | Year Built/Renovated | 1901/2022 |
| Property Type | Multifamily | ||
| Zoning | RT-1 - Multi Family - Duplex District | ||
| Price | $1,158,500 USD |
| Price Per Unit | $231,700 USD |
| Sale Type | Investment |
| Cap Rate | 2.83% |
| No. Units | 5 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Building Size | 3,060 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1901/2022 |
| Zoning | RT-1 - Multi Family - Duplex District |
Amenities
Site Amenities
- Walk-Up
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Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (78)
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514 Third Av
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