4,747 ft²Multifamily$2,948,000Sale
4,747 ft²
Multifamily
$2,948,000
Sale
Bill Hamilton Personal Real Estate Corporation
Grand Central Realty
TAKE ADVANTAGE OF THIS HOT PRICE REDUCTION - FABULOUS OPPORTUNITY! – PRIME NEW WEST REAL ESTATE FREE STANDING INCOME EARNER / HOLDING PROPERTY Hold or develop this rare opportunity situated in Uptown New Westminster on Sixth Street leading into Burnaby. Five extra large suites and a cap rate of 4+% with opportunity to increase income and return. Contact the listing agents for further information. The five self-contained suite mix includes 1 studio, 3 one bedroom and 1 two bedroom with beautiful hardwood floors. Strong rental demand will keep these suites occupied. This is a great location close to all Uptown New Westminster services and amenities. Call Bill Hamilton or Randy Book today for details! **PLEASE DO NOT WALK THROUGH PROPERTY OR DISTURB RESIDENTS** Features - Excellent revenue earner/holding property - Cap rate 4+% - Building size 4,747 sq.ft.* on three levels - Land Size 9,801 sq.ft. /0.23 acres - Five large self-contained suites - Other potential rental opportunity - Roof 1 year old, maintained boiler - Well kept solid building with hardwood floors - Parking for 5 vehicles to the back - Strong rental demand - Walking distance to all amenities, shopping, banking, restaurants, pubs, parks - Zoned C-2 * (source: BC Assessment) Civic Address: 423 Sixth Street, New Westminster, B.C. V3L 3B1 Legals: PID: 008-451-613; Plan NWP2620, Lot 1, New West District, Plan NWP2620 Suburban BLOCK 7, OF LOT 27. Land Size: 9,801 sq.ft. /0.23 acres Building Size: 4,747 sq.ft.* on three levels Suite Mix: 5 self-contained suites include 1 studio, 3 one bedroom and 1 two bedroom (Other potential rental opportunity – contact listing agents) Cap Rate: 4+% Parking: 5 spots to the rear Zoning C-2 Contact listing agents for details NEW PRICE: $2,948,000 BILL HAMILTON Personal Real Estate Corporation Commercial Real Estate Grand Central Realty Cell: 604-351-4400 billhamilton.ca AND RANDY BOOK, Associate Broker 778-886-4676 randybook.ca Grand Central Realty For sale New Westminster commercial property, Bill Hamilton, New Westminster office retail, Coquitlam office retail, Maple Ridge office retail, commercial real estate, office for lease, retail for lease, commercial for sale, office building for sale, property for sale, development property, holding property, investment property, multifamily, daycare, mixed residential commercial property, land.
The Space
Asking Price$2,948,000
Available Space4,747 ft²
Floor3
Property UseInvestment property / Multi family
Parking Spaces5
SourceDirect
The Building
TAKE ADVANTAGE OF THIS HOT PRICE REDUCTION - FABULOUS OPPORTUNITY! – PRIME NEW WEST REAL ESTATE FREE STANDING INCOME EARNER / HOLDING PROPERTY Hold or develop this rare opportunity situated in Uptown New Westminster on Sixth Street leading into Burnaby. Five extra large suites and a cap rate of 4+% with opportunity to increase income and return. Contact the listing agents for further information. The five self-contained suite mix includes 1 studio, 3 one bedroom and 1 two bedroom with beautiful hardwood floors. Strong rental demand will keep these suites occupied. This is a great location close to all Uptown New Westminster services and amenities. Call Bill Hamilton or Randy Book today for details! **PLEASE DO NOT WALK THROUGH PROPERTY OR DISTURB RESIDENTS** Features - Excellent revenue earner/holding property - Cap rate 4+% - Building size 4,747 sq.ft.* on three levels - Land Size 9,801 sq.ft. /0.23 acres - Five large self-contained suites - Other potential rental opportunity - Roof 1 year old, maintained boiler - Well kept solid building with hardwood floors - Parking for 5 vehicles to the back - Strong rental demand - Walking distance to all amenities, shopping, banking, restaurants, pubs, parks - Zoned C-2 * (source: BC Assessment) Civic Address: 423 Sixth Street, New Westminster, B.C. V3L 3B1 Legals: PID: 008-451-613; Plan NWP2620, Lot 1, New West District, Plan NWP2620 Suburban BLOCK 7, OF LOT 27. Land Size: 9,801 sq.ft. /0.23 acres Building Size: 4,747 sq.ft.* on three levels Suite Mix: 5 self-contained suites include 1 studio, 3 one bedroom and 1 two bedroom (Other potential rental opportunity – contact listing agents) Cap Rate: 4+% Parking: 5 spots to the rear Zoning C-2 Contact listing agents for details NEW PRICE: $2,948,000 BILL HAMILTON Personal Real Estate Corporation Commercial Real Estate Grand Central Realty Cell: 604-351-4400 billhamilton.ca AND RANDY BOOK, Associate Broker 778-886-4676 randybook.ca Grand Central Realty For sale New Westminster commercial property, Bill Hamilton, New Westminster office retail, Coquitlam office retail, Maple Ridge office retail, commercial real estate, office for lease, retail for lease, commercial for sale, office building for sale, property for sale, development property, holding property, investment property, multifamily, daycare, mixed residential commercial property, land.
Property TypeMultifamily
Up to $500K for British Columbia businesses
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