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423 Sixth Street New Westminster, British Columbia V3L 3B1

4547 sqft

$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 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:53893)

Property Details

MLS® Number C8071076
Property Type Multi-family
Features Lane
Road Type Paved Road
Storage Type Outside Storage

Building

Constructed Date 1890
Size Interior 4547 Sqft

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

https://www.realtor.ca/real-estate/28661320/423-sixth-street-new-westminster

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Kris Pope
Personal Real Estate Corporation

(604) 318-5226

Dexter Realty
1399 Homer Street
Vancouver, British Columbia V6B 5M9

(604) 689-8226
(604) 689-8206

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