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1335 Kamloops Street

New Westminster

11 Bed, 6 Bath Other

$4,800,000

DESCRIPTION

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.

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AMENITIES

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FEATURES

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AT A GLANCE

MLS® # R2521011
Subarea Uptown NW
Beds 11
Baths 6
Size 4,630 sqft
Lot Size 7,656 SqFt.
Lot Dimensions 58.00 × 132
Built 1957
Taxes $5,279.08 in 2020

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LISTING BROKERAGE

SRS Westside Realty

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Les Twarog
Re/Max Crest Realty
les@bccondos.net

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DISCLAIMER

Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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