
I have sold a property at 712 12TH ST in NEW WESTMINSTER.
Very well maintained owner built 19 year building with 3 retail units at street level and 4 one bedroom units(575-600 sq ft) and 2 two bedroom units (775 - 800 sq ft) up. All have insuite laundry, separate meters, own HW tanks, insuite security, skylights and balconies. Total building is 7078 sq ft on 2 levels. C-2A zoned lot is 8712 sq ft with 13 secured parking with 7 covered. New 4 year vinyl windows, newly painted in and out with 3 suites with new laminate and tile floors. Very good trouble free building (passed building inspection). Good location (Kingsway becomes 12th St in New West). Great potential as all rents are low. Environmental stage 1 & 2 were done 2 months ago with clearance. Seller may carry 1st mrtg @ 4% up to 1 milliion for 3 years.