An excellent opportunity to own this 7209 sq/ft Edwardian Mansion(fully rented) to generate income. This multi-unit(9 legal units) character building is surrounded by other large historic character homes and sits on a large 60x120ft lot. Ideal for principal use and keep some tenants as income property for future development. Fire code and safety condition in good working order, features: fir, oak floors, bay windows with stained glass, clawfoot tubs, high ceilings, mosaic tiles, fire place and much more (please refer to updates list attached to listing). Cap rate of 3.5% with great rental upside, rents well below market. Excellent walking distance to Douglas college, skytrain, New Westminster Quay, Queens park and uptown, downtown restaurants & shopping! (id:17816)
| MLS® Number | R2757608 |
| Property Type | Single Family |
| Bathroom Total | 6 |
| Bedrooms Total | 6 |
| Amenities | Shared Laundry |
| Basement Development | Partially Finished |
| Basement Features | Unknown |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1912 |
| Size Interior | 7209 Sqft |
| Acreage | No |
| Size Frontage | 60 Ft |
| Size Irregular | 7200 |
| Size Total | 7200 Sqft |
| Size Total Text | 7200 Sqft |
https://www.realtor.ca/real-estate/25336711/727-queens-avenue-new-westminster
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