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:61048)
MLS® Number | C8071658 |
Property Type | Multi-family |
Neigbourhood | Queens Park |
Features | Lane |
Road Type | Paved Road |
Storage Type | Outside Storage |
Constructed Date | 1890 |
Size Interior | 4,547 Ft2 |
Acreage | No |
Size Irregular | 9801 |
Size Total | 9801 Sqft |
Size Total Text | 9801 Sqft |
Zoning Description | C-2 |
Water | At Lot Line |
Natural Gas | Available |
https://www.realtor.ca/real-estate/28768127/423-sixth-street-new-westminster
Contact us for more information
Kris Pope
Personal Real Estate Corporation
(604) 689-8226
(604) 689-8206