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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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1326 Kamloops Street, New Westminster
MLS®: R2679907
4154
Sq.Ft.
4
Baths
8
Beds
6,526
Lot SqFt
1960
Built
Description
INCOME INVESTMENT OPPORTUNITY. 4-Plex in multi-family zoned area RM-5A. Each with its own street address. Large building with Four 2-bedroom units. Lots of updates such as NEW WINDOWS and a NEW ROOF. Fully rented with potential to increase. Currently it has a stabilized gross income of $73,800/yr. Rents are low. Photos of units were taken just before tenant move-in. Great retirement income! All measurements approximate, please do not disturb tenants.
Taxes (2021): $3,735.13
Amenities
Garden
In Suite Laundry
Features
ClthWsh
Dryr
Frdg
Stve
DW
Drapes
Window Coverings
Refrigerator
Stove