4,700 ft²Multifamily$2,998,000Sale
4,700 ft²
Multifamily
$2,998,000
Sale
Randy Book
Grand Central Realty
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5 self contained units located with a 96 walkscore
The Space
Asking Price$2,998,000
Available Space4,700 ft²
Net Operating Income$see attached
Property UseMulti family
Cap Rate3%
Frontage66'0"
Parking Spaces4
SourceDirect
The Building
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 3.3% with opportunity to increase income and return with potential revenue from laundry, parking, garage and basement rent. 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.
Property TypeMultifamily
Floors3
Building Size4,700 ft²
Lot Size9,800 ft²
ZoningC-2
Cap Rate3%
Frontage66'0"
Up to $500K for British Columbia businesses
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