DESCRIPTION

Amazing opportunity for smart investors/developers, rare 6plex zoned for medium rise 4-6 storeys. Turnkey operation & cash flow machine, generating $140,000/year income in heart of booming New West. Current zoning RM-5A Multi-Family Medium Rise, allowing 4-6 storey, apartment building, up to 25 units with 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: granite countertops, 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.

KEY DETAILS
  • Price:
  • $5,100,000
  • Bedrooms:
  • 11
  • Full Baths:
  • 6
  • Square Footage:
  • 2,315
  • Acreage:
  • n/a
  • Year Built:
  • 1957
  • Listing #:
  • R2674394
  • 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:
  • 65
  • Stories:
  • 2
  • Total Building Square Footage:
  • 2315
  • Year Built:
  • 1957

Listing

  • Title Type:
  • Freehold Nonstrata

Money

  • Property Taxes:
  • $5,148
  • Tax Year:
  • 2021

Source

  • Listing Provided By Century 21 Coastal Realty Ltd.

    VANCOUV
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