423 Sixth Street offers the opportunity to acquire a three-storey multi-family revenue property in the heart of New Westminster. The property generates over $200,000 in annual gross income and is designated for future higher-density redevelopment. Built in 1890, the home sits on a 9,801 sq. ft. lot (zoned C-2) and features five self-contained authorized suites on the upper floors plus a basement. The property contains five parking stalls for tenants as well as two garage units that are currently rented out as storage. The property is designated Mixed Use – Low Rise under the New Westminster Official Community Plan (OCP), which allows for the construction of a medium density mixed-use building.





Purchase Type For Sale



Square Footage 4, 547 sqft



Price per Sqft $592



MLS Listing ID R3039783



Bedrooms 5



Full Baths 5



HOA Y/N No



Year Built 1890



Lot Size 10, 018 Sqft



Property Sub-Type Other