Property listed at 92 GLOVER AVE in New Westminster.
Big, Character, Multifamily house, w/fantastic cash flow & great owner occupier potential located in a 1st class neighbourhood. The 2 level building is in very good condition with newer roof, 2 elec meters, h/w tanks & gas boilers, 3 laundand more. It generates $5,375/mo or $64,500/yr with low expenses from great tenants & very nice suites- each w/own entrance, 4 w/fireplaces. There are decks & patios, a nice yard & parking for 6 cars. The Net Income of approx $50,500 = a Cap Rate of 5.6% & positive cash flow for Investors. Owner Occupiers could collect from the other suites & live in a larger suite for the cost of rent, w/only 10% down! This is a special property. Showings Wed & Sat afternoon by appt only - call LS for details
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