423 SIXTH Street
Queens Park New Westminster V3L 3B1

$3,288,000
Multi-Family Commercial

Main Photo: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8053819
Photo 1: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8053819
Photo 2: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8053819
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8053819
Build. Type:
Low Rise (2-4 stories)
DEVELOPER & INVESTOR ALERT, great FREESTANDING income generating property for sale.This 3 Storey multi-family building located in vibrant Queens Park near uptown New West. Well cared for solid building with extra large suites. New roof, new boiler. Suite mix includes one-2 bed, Four-1 beds and one- studio ALL SELF-CONTAINED & all with leases waiting to be renewed. Zoned C-2. Cap rate is based on 5 rental + 1 owner occupied suite who is willing to stay and rent back, 5 parkings at the back , well maintained for a cozy and quiet living atmosphere, hardwood floor. Positive cash flow keeps sustainable to meet strong rental demand. Central location, steps to Downtown New West, close to all your daily needs, such as transits, parks, schools, shopping and Douglas College, you name it Do not walk through property, do not bother occupants! Call now to inquire!
Sale Type:
Asset
Lease Type:
Gross
Construction:
Wood Frame, Mixed
Building Type:
Low Rise (2-4 stories)
# Units:
0
# Other Units:
5
# of Appartments:
5
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
1
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
4
# of 2 Bedroom Appartments:
1
# of 3 Bedroom Appartments:
0
# Storeys:
3.0
Year built:
1920 (Age: 103)
Total Floor Area:
5,000 sq. ft.
Lot Area:
9,801 sq. ft.
Lot Depth:
148
Lot Frontage:
66'
Land Use/Zoning:
C-2
Permitted Use:
Multifamily (5+)
Taxes:
$8,381.91 / 2023
Balconies, Storage, Visitor Parking, Other
Roof:
Asphalt Shingles
Env Assmt Phase:
Not Applicable
Cap Rate %:
0.0
Other Income:
$0
Effective Gross Income:
$0
Gross Income:
$0
Oper. Expenses:
$0
Net Operating Income:
$0
Condo Fee:
$0
Previous Price:
$3,588,000
Original Price:
$3,588,000
  • Photo 1: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8053819
    Photo 1 of 2
  • Photo 2: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8053819
    Photo 2 of 2
Listed by RE/MAX Crest Realty
Data was last updated September 29, 2023 at 03:05 AM (UTC)
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