101-408 425 Twelfth Street, Uptown NW, New Westminster

$11,000,000 |   MLS® Number  C8060043

Multi-family for sale in Uptown NW, New Westminster, New Westminster, 101-408 425 Twelfth Street, 224965112 | Realtylink.org

Multi-family for sale

Floor Area
16,586 sqft
Lot Size
16,586 sqft
Gross Property Tax
$1,049.18 /year
Building / Complex Name
Cypress Steps
Zoning
RM-4
Suite Mix Information
22 x 1 ½, 12 x 2 ½
87

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Cypress Steps, a rarely offered, stratified apartment building in the heart of New Westminster. Originally constructed in 1999, Cypress Steps presents investors with a unique opportunity to acquire a condo-quality investment property of scale, comprised of a total of 34 units, and boasting an attractive suite mix of 22-1 bedrooms and 12-2 bedrooms. All suites offer a full appliance package including dishwasher and in-suite laundry along with open concept layouts, gas fireplaces and electric baseboard heating. Situated in the quiet and quaint neighbourhood of Kelvin, the Property is just a short walk to Moody Park which offers numerous outdoor amenities, meanwhile tenants enjoy immediate access to 6th Avenue and Stewardson Way, allowing easy connectivity to neighbouring municipalities.