About 423 Sixth Street
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.
Features of 423 Sixth Street
| MLS® # | R3061083 |
|---|---|
| Price | $2,590,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 4,547 |
| Acres | 0.23 |
| Year Built | 1890 |
| Type | Residential Income |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 423 Sixth Street |
|---|---|
| Area | New Westminster |
| Subdivision | Queens Park |
| City | New Westminster |
| Province | BC |
| Postal Code | V3L 3B1 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Other, Front Access, Concrete |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Washer/Dryer, Dishwasher, Refrigerator, Stove |
|---|---|
| Heating | Baseboard, Electric, Hot Water |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | No Outdoor Area |
|---|---|
| Lot Description | Lane Access, Recreation Nearby |
| Windows | Window Coverings |
| Construction | Frame Wood, Mixed (Exterior), Wood Siding |
Additional Information
| Ownership Type | Freehold NonStrata |
|---|
Listing Details
| Office | Dexter Realty |
|---|