4,547 ft2
$2,850,000
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 plus a basement. 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:61635)
Property Details
MLS® Number
|
C8071076 |
Property Type
|
Multi-family |
Neigbourhood
|
Queens Park |
Features
|
Lane |
Road Type
|
Paved Road |
Storage Type
|
Outside Storage |
Building
Constructed Date
|
1890 |
Size Interior
|
4,547 Ft2 |
Land
Acreage
|
No |
Size Irregular
|
9801 |
Size Total
|
9801 Sqft |
Size Total Text
|
9801 Sqft |
Zoning Description
|
C-2 |
Utilities
Water
|
At Lot Line |
Natural Gas
|
Available |