Other Property for sale
423 Sixth Street, Queens Park, New Westminster
$2,850,000
Features
Style
2 Storey W/Bsmt.
Year Built
1890
Floor Area
4,547 sqft
Lot Size
9,801 sqft
Lot Frontage
66 ft
Parking Spaces
5
Property Taxes
$10,593 (2024)
Additional Features
ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings, Storage Shed
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 R3031165