423 Sixth ST new

New Westminster,BC V3L 3B1

$ 2850000

5 Beds

5 Baths

4547 SqFt


Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,547 sqft

Price per Sqft $626

MLS Listing ID R3031165

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1890

Lot Size 10,018 Sqft

Property Sub-Type Other

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.

Location

Province BC

Community Queens Park

Area New Westminster

Zoning C-2

Rooms

Kitchen 0

Interior

Heating Baseboard,Electric,Hot Water

Flooring Hardwood,Mixed,Tile

Window Features Window Coverings

Appliance Washer/Dryer,Dishwasher,Refrigerator,Stove

Exterior

Exterior Feature No Outdoor Area

Utilities Available Electricity Connected,Natural Gas Connected,Water Connected

View Y/N No

Roof Type Asphalt

Total Parking Spaces 5

Garage No

Building

Lot Description Lane Access,Recreation Nearby

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Ownership Freehold NonStrata

Security Features Fire Sprinkler System,Smoke Detector(s)

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