Multi Family

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423 SIXTH Street
Queens Park New Westminster V3L 3B1

$3,500,000
Multi-Family Commercial

Exterior Front
Photo 1: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 2: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 3: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 4: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 5: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 6: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 7: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 8: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 9: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 10: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 11: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 12: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 13: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 14: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 15: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 16: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 17: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 18: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 19: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 20: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 21: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 22: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 23: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
Photo 24: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
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 %:
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:
  • Photo 1: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Exterior Front
  • Photo 2: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Facing 5th Avenue
  • Photo 3: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Facing 4th Avenue
  • Photo 4: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Facing Sixth Street
  • Photo 5: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Unit Entry
  • Photo 6: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Detached Garage
  • Photo 7: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Electrical
  • Photo 8: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Laundry
  • Photo 9: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Facing 5th Avenue
  • Photo 10: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Boiler
  • Photo 11: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Water Heaters
  • Photo 12: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Side unit entry
  • Photo 13: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Rear
  • Photo 14: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Units D and E
  • Photo 15: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Entry Stairs
  • Photo 16: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Photo 16 of 24
  • Photo 17: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Living Room
  • Photo 18: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Living Room
  • Photo 19: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Bath Room
  • Photo 20: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Bath Room
  • Photo 21: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Bed Room
  • Photo 22: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Bed Room
  • Photo 23: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Photo 23 of 24
  • Photo 24: 423 SIXTH Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8035498
    Hallway
Listed by Multiple Realty Ltd.
Data was last updated January 23, 2021 at 01:05 AM (UTC)
Bruce Long CCIM, FRI, PREC
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