92-94 Glover Avenue, New Westminster
Amazing investment opportunity with over 4% CAP rate! 6-unit in a side by side duplex with separate entrances, you could live in one unit, and rent 5 other units as mortgage helper. This beautiful multifamily duplex has been lovingly maintained and it is in good condition, sitting on approx. 8000 SqFt lot, with RT-1 zoning (New OCP allows for building low density multi-unit townhouses), 4530 SqFt living area, lane access parking for 6+ cars, with four carports. Separate Hydro, Gas meter and mechanical room per half duplex. Good sized backyard and patio. Quite neighbourhood, close to supermarket, recreation centre, bus stops and schools. BC assessed value is for half duplex (92A, B & C). Must see, cannot miss it!
Taxes (2020): $5,011.85