$1,700,000
"INVESTOR ALERT: "CASH MACHINE" + 6-PLEX POTENTIAL! Secure a high-value holding in the heart of New Westminster that works for you today and builds your future tomorrow. This exceptional 8,164 sq. ft. corner lot features a 66' frontage and currently operates as a profitable rooming house generating $8,900/month in rental income. Buy it, hold it, and let it pay you while you plan your next move. With significant 6-plex development potential, this is a rare opportunity for savvy investors to secure a prime site in a premier location. Zoned RD-1, the property is steps from the 12th St corridor, schools, and transit. This is a COURT ORDERED SALE sold "As-Is, Where-Is." All development potential is to be verified by the buyer . Don't miss this chance to own an income-generating asset
Listed by eXp 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.
| MLS®: | R3095930 |
| Type: | House |
| Bedrooms: | 2 |
| Bathrooms: | 3 |
| Square Feet: | 3,615 sqft |
| Lot Size: | 8,164 sqft |
| Frontage: | 66.00 ft |
| Full Baths: | 3 |
| Half Baths: | 0 |
| Taxes: | $7623.91 |
| Parking: | Open, Front Access, Concrete, Paver Block (2) |
| Basement: | Finished |
| Storeys: | 2 storeys |
| Year Built: | 1926 |