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1335 KAMLOOPS Street
Uptown NW New Westminster V3M 1V5

$4,800,000
Multi-Family Commercial

Main Photo: 1335 KAMLOOPS Street in New Westminster: Uptown NW Multi-Family Commercial for sale : MLS®# C8035488
Photo 1: 1335 KAMLOOPS Street in New Westminster: Uptown NW Multi-Family Commercial for sale : MLS®# C8035488
Photo 2: 1335 KAMLOOPS Street in New Westminster: Uptown NW Multi-Family Commercial for sale : MLS®# C8035488
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Photo 36: 1335 KAMLOOPS Street in New Westminster: Uptown NW Multi-Family Commercial for sale : MLS®# C8035488
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Photo 40: 1335 KAMLOOPS Street in New Westminster: Uptown NW Multi-Family Commercial for sale : MLS®# C8035488
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8035488
Build. Type:
Low Rise (2-4 stories)
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.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
# Units:
6
# Storeys:
2.0
Year built:
1957 (Age: 64)
Total Floor Area:
4,630 sq. ft.
Land Use/Zoning:
RM-5A
Taxes:
$5,279.08 / 2020
Alarm System, Balconies, Laundry Facility, Outside Storage, Rail Siding, Visitor Parking, Fenced Yard
Water Supply:
Municipal
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
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Listed by SRS Westside Realty
Data was last updated March 5, 2021 at 03:10 AM (UTC)
Bruce Long CCIM, FRI, PREC
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