DESCRIPTION

One-of-a-kind opportunity for shrewd investors, in heart of booming New West. Very rare 6plex is turnkey operation & cash flow machine, generating $120,000/year income. Current zoning is RM-5A Multi-Family Medium Rise, allowing 4-6 storey apartment building with 1.6-1.8 FSR. One 3 bdrm suite, three 2 bdrm suites + two bachelor suites; 11 bdrms, 6 separate entrances, 6 kitchens, common laundry, lots of parking. All units fully renovated: kitchens w/ granite countertops, bathrooms, new flooring, etc; immaculate condition. Fully occupied, great month to month tenants. Walking distance to all amenities, New West Skytrain station, Douglas College, shopping & restaurants. Properties like this rarely available; Buy now, hold & develop in future. Watch value skyrocket in rapidly developing area.

KEY DETAILS
  • Price:
  • $4,800,000
  • Bedrooms:
  • 11
  • Full Baths:
  • 6
  • Square Footage:
  • 4,630
  • Acreage:
  • 0.18
  • Year Built:
  • 1957
  • Listing #:
  • R2521011
  • Street Address:
  • 1335 Kamloops Street
  • City:
  • New Westminster
  • State:
  • BC
  • Postal Code:
  • V3M 1V5
  • Area:
  • New Westminster
  • Subarea
  • Uptown Nw
  • Listing Status:
  • For Sale - Active

Building

  • Age Of Dwelling:
  • 64
  • Stories:
  • 2
  • Total Building Square Footage:
  • 4630
  • Year Built:
  • 1957

Land

  • Lot Square Footage:
  • 7656.00

Listing

  • Title Type:
  • Freehold Nonstrata

Money

  • Property Taxes:
  • $5,279
  • Tax Year:
  • 2020

Source

  • Listing Provided By Srs Westside Realty

    VANCOUV
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