$1,599,000
About this House
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).
Listed by eXp Realty.
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors for your convenience.
Disclaimer: 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.
Features
- MLS®: R3161624
- Type: House
- Building: 1217 Sixth Avenue, New Westminster
- Bedrooms: 2
- Bathrooms: 3
- Square Feet: 3,025 sqft
- Lot Size: 8,164 sqft
- Frontage: 66.00 ft
- Full Baths: 3
- Half Baths: 0
- Title: Freehold NonStrata
- Taxes: $7623.91
- Basement: Finished
- Storeys: 2 storeys
- Year Built: 1926
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