423 SIXTH STREET Active

New Westminster,BC V3L3B1

$ 2850000

5 Beds

5 Baths

4547 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 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: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

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