1335 Kamloops Street, New Westminster

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.

Taxes (2020): $5,279.08

Amenities

Shared Laundry

Features

ClthWsh Dryr Frdg Stve DW Drapes Window Coverings

What would you like to know?

MLS Reciprocity
Listed By: SRS Westside Realty
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.