423 Sixth Street, Queens Park, New Westminster
$2,590,000
About this Business in Queens Park, New Westminster
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.
Listed by Dexter Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Paul Cameron for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
| MLS®: | R3061083 |
| Type: | Business |
| Bedrooms: | 5 |
| Bathrooms: | 5 |
| Square Feet: | 4,547 sqft |
| Lot Size: | 9,801 sqft |
| Frontage: | 66.00 ft |
| Full Baths: | 5 |
| Half Baths: | 0 |
| Taxes: | $10593.89 |
| Parking: | Other, Front Access, Concrete (5) |
| Basement: | Full |
| Storeys: | 2 storeys |
| Year Built: | 1890 |
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