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$ 2,850,000
Est. payment | /mo
5 Beds
5 Baths
4,547 SqFt
$ 2,850,000
Est. payment | /mo
5 Beds
5 Baths
4,547 SqFt
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,547 sqft
Price per Sqft $626
MLS® Listing ID R3031165
Bedrooms 5
Year Built 1890
Lot Size 9,801 Sqft
Acres 9801.0
Property Sub-Type Freehold
Source Greater Vancouver REALTORS®
Property Description
423 Sixth Street offers the opportunity to acquire a three-storey multi-family revenue property in the heart of New Westminster. The property generates over $200,000 in annual gross income and is designated for future higher-density redevelopment. Built in 1890, the home sits on a 9,801 sq. ft. lot (zoned C-2) and features five self-contained authorized suites on the upper floors and a basement generating additional revenue from unauthorized rentals. The property contains five parking stalls for tenants as well as two garage units that are currently rented out as storage. The property is designated Mixed Use - Low Rise under the New Westminster Official Community Plan (OCP), which allows for the construction of a medium density mixed-use building. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 5
Private Pool No
Others
Ownership Freehold
Listed by Dexter Realty
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