Our Agents' Listings
423 SIXTH Street
Queens Park
New Westminster
V3L 3B1
$3,500,000
Multi-Family Commercial

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- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8035498
- Build. Type:
- Multiple Tenant/Multi-Plex (5+)
Rare opportunity and holding property near Uptown New West. Well cared for solid building with extra large suites. Earn income from this 5plex until ready to redevelop. Zoned C-2. Cap rate understated as based on 4 rental + 1 owner occupied suite. 48 hours notice to show. Covid forms must be submitted via e-mail 24 hours prior to confirm showing. Do Not Disturb Occupants. No sign by owner's request.
- Sale Type:
- Asset
- Property Type:
- Multi-Family Commercial
- Construction:
- Wood Frame
- Building Type:
- Multiple Tenant/Multi-Plex (5+)
- # Bldgs:
- 1
- # Units:
- 5
- # Storeys:
- 3.0
- Year built:
- 1920 (Age: 101)
- Land Use/Zoning:
- C-2
- Taxes:
- $11,464.61 / 2020
- # Elevators:
- 0
- Env Assmt Phase:
- None
- Cap Rate %:
- 0.5
- Other Income:
- $0
- Effective Gross Income:
- $0
- Gross Income:
- $44,086
- Oper. Expenses:
- $25,765
- Net Operating Income:
- $18,321
- Original Price:
- $3,500,000
-
Exterior Front
-
Facing 5th Avenue
-
Facing 4th Avenue
-
Facing Sixth Street
-
Unit Entry
-
Detached Garage
-
Electrical
-
Laundry
-
Facing 5th Avenue
-
Boiler
-
Water Heaters
-
Side unit entry
-
Rear
-
Units D and E
-
Entry Stairs
-
Photo 16 of 24
-
Living Room
-
Living Room
-
Bath Room
-
Bath Room
-
Bed Room
-
Bed Room
-
Photo 23 of 24
-
Hallway
Larger map options:
Listed by Multiple Realty Ltd.
Data was last updated January 17, 2021 at 07:05 PM (UTC)
- Milton Brian Lam
- Multiple Realty Ltd.
- 604-720-9617
- Contact by Email

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