1335 Kamloops Street, New Westminster, BC V3M 1V5

$4,800,000
11
BD
6
BA
4,630
SqFt
List Price
$4,800,000
Status
ACTIVE
MLS® #
R2627305
Days on Market
45
Year Built
1957
Dwelling Type
Fourplex
Stories
2
Bedrooms
11
Total baths
6
Living Area
4,630
Area
New Westminster
Community
Uptown NW

Property Description

Amazing opportunity for smart investors/developers, rare 6plex zoned for medium rise 4-6 storeys. Turnkey operation & cash flow machine, generating $140,000/year income in heart of booming New West. Current zoning RM-5A Multi-Family Medium Rise, allowing 4-6 storey, apartment building, up to 25 units with 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: granite countertops, 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.

Additional Information

Lot Size
7,656
Acres
0.18
Region
New Westminster
Title To Land
Freehold NonStrata
Gross Taxes
5279.08
Tax Year
2020
Frontage
58
Depth
132

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Calculator source: Real Geeks

Listing courtesy of SRS Westside Realty

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.