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New property listed in Queens Park, New Westminster

New property listed in Queens Park, New Westminster

I have listed a new property at 423 SIXTH ST in New Westminster. See details here

A unique investment chance in Queens Park, near uptown New Westminster. Two-story multi-family building with huge 1,240 sqft basement, spanning roughly 4,747 sqft on a 9,801 sqft lot. Recent upgrades in roof and boiler, and well-maintained structure. Mix of one 2-bedroom, three 1-bedroom, and one studio, 5 units with stable occupancy providing attractive income. Current is C-2 zone and potential for a low-rise mixed-use OCP. Conveniently close to Royal City Centre and Moody Park, ensuring tenant satisfaction and ease of access to everyday needs. This investment stands out for its high CAP rate and significant growth prospects in a sought-after area, making it an exceptional choice for investors looking for both immediate returns and future development opportunities. Don't hesitate, call now for more details!

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