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$ 1,599,000
Est. payment | /mo
2 Beds
3 Baths
3,025 SqFt
$ 1,599,000
Est. payment | /mo
2 Beds
3 Baths
3,025 SqFt
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3025
Square Footage 3,025 sqft
Price per Sqft $528
MLS® Listing ID R3161624
Style 2 Level
Bedrooms 2
Year Built 1926
Lot Size 8,164 Sqft
Acres 8164.0
Property Sub-Type Freehold
Property Description
Generate steady $8,900 monthly rental income while designing your next masterclass project at 1217 Sixth Avenue, New Westminster! Set in the desirable West End, this massive 8,164 sq. ft. corner lot boasts an impressive 66-foot frontage and exceptional 6-plex development potential (RD-1 zoning). The existing 1926 character home functions as a cash-flowing rooming house, letting your investment pay you from day one. Offered as a court-ordered, "As-Is, Where-Is" opportunity, this is a rare chance for visionary developers to secure a high-yield holding just steps from transit, schools, and the vibrant 12th Street corridor. Don't let this Royal City gem slip away! (Buyer to verify all development potential with the City of New Westminster). (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating Forced air, Hot Water,
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Architectural Style 2 Level
Others
Ownership Freehold
Listed by eXp Realty
Nearby Locations
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