$1,599,000

1217 SIXTH AVENUE

New Westminster, British Columbia V3M2C1

For sale
2 Beds3 Baths3025 sqft8164 sqft

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:58554)

Overview

Property TypeSingle Family
Building TypeHouse
OwnershipFreehold
TransactionFor sale
MLSยฎR3161624

Building

Bedrooms2
Bathrooms3
Interior Size3025 sqft
Year Built1926

Land & Parking

Lot Size8164 sqft
Frontage66 ft

Features & Amenities

FeaturesCentral location
Amenities NearbyRecreation, Shopping
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eXp Realty

#1500 - 701 West Georgia Street

Vancouver, British Columbia V7Y1G5

๐Ÿ“ž (833) 817-6506

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