Multi-family for sale
323 Seventh Street, Uptown NW, New Westminster
$3,950,000
$3,950,000
Multi-family for sale
323 Seventh Street, Uptown NW, New Westminster
Features
Year Built
1954
Lot Size
8,067 sqft
Gross Property Tax
$12,388.16 /year
Building / Complex Name
The Mayflower
Zoning
RM-2
Suite Mix Information
x Bachelor/Studio, 9 x 1 ½, 4 x 2 ½
Description
The Mayflower is A beautifully-maintained, 14 suite apartment building, with attractive assumable CMHC financing and a prominent, central location within the Uptown neighbourhood of New Westminster. The Property has undergone regular capital improvements including new double-glazed windows, main hot water tank replacement (2019), breaker panels, and upgraded lobby and common areas with new carpet, lighting, and paint. General plumbing upgrades have also been completed throughout. The Property offers significant rental upside on turnover and attractive assumable CMHC financing with a balance of ~$1,570,000 and interest rate of 2.41%.
MLS® Number C8058083