9,840 ft2
$4,489,200
4.64% Cap! Exceptional Multi-Fam Investment & Redevelopment Opportunity with a 4.64% Cap Rate! This 12-unit apartment building is ideally located in New West's Transit-Oriented Development Area, offering stable rental income, strong location fundamentals, and long-term redevelopment potential. Convenient access to SkyTrain, bus routes, parks, shopping, restaurants, schools, a community centre, ice rink, and pool supports consistent tenant demand and future value creation. Situated on a generous lot, the property presents compelling potential for investors, builders, and developers seeking a transit-connected, amenity-rich location. Purchasers should independently verify zoning, OCP designation, redevelopment potential, and all property details with the City of New Westminster and their advisors. Also available as part of a strategic assembly with 57 Agnes Street and 52 Royal Avenue, with flexible options to purchase individually, in combination, or as the complete assembly. Do not disturb tenants. (id:62739)
Property Details
|
MLS® Number
|
C8082812 |
|
Property Type
|
Multi-family |
Building
|
Constructed Date
|
1977 |
|
Size Interior
|
9,840 Ft2 |
Land
|
Acreage
|
No |
|
Size Irregular
|
8699 |
|
Size Total
|
8699 Sqft |
|
Size Total Text
|
8699 Sqft |
|
Zoning Description
|
Rm-2 - Mid Rise Apar |
Utilities
https://www.realtor.ca/real-estate/30406301/76-coburg-street-new-westminster