The Largest Number of Homes for Sale
Multi-family for sale
423 Sixth Street, Queens Park, New Westminster
$2,695,000
$2,695,000
Multi-family for sale
423 Sixth Street, Queens Park, New Westminster
Features
Year Built
1890
Floor Area
4,547 sqft
Lot Size
9,801 sqft
Gross Property Tax
$10,593.89 /year
Building Type
Mul Tenant/MultiPlex (5+)
Zoning
C-2
Subject Property Width
66 ft
Subject Property Depth
148 ft
Amenities
Laundry Facility, Outside Storage, Paved Yard
Suite Mix Information
1 x Bachelor/Studio, 1 x 1 ½, 2 x 2 ½, 1 x 3 ½
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.
MLS® Number C8071658