Great investment opportunity in highly developing prime area under Sixth Street Community Plan. It offers two suites(3 bedrooms & 2 bedrooms) upstairs and 1100 sqf leasable street-front retail space on the main. The property could easily generate $70K cash flow per year. Current price reflects only 1.1 FAR in the OCP. FAR might be raised to 3.1 if assembled with neighbors in the future(please verify with city). 4 parking spaces in the rear. Great holding property, ideal for investors or owners who live up & rent out the rest. Also listed commercial MLS C8040124. (id:39665)
| MLS® Number | R2616088 |
| Property Type | Single Family |
| Amenities Near By | Recreation, Shopping |
| Features | Central Location |
| View Type | Mountain View |
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Amenities | Laundry - In Suite |
| Appliances | All |
| Architectural Style | 2 Level |
| Constructed Date | 1951 |
| Construction Style Attachment | Detached |
| Fireplace Present | No |
| Size Interior | 3886 Sqft |
| Acreage | No |
| Land Amenities | Recreation, Shopping |
| Size Frontage | 43 Ft |
| Size Irregular | 6103 |
| Size Total | 6103 Sqft |
| Size Total Text | 6103 Sqft |
https://www.realtor.ca/real-estate/23613606/7323-6th-street-burnaby
Contact us for more information
Tracy Niu
Personal Real Estate Corporation
(778) 379-7570
(778) 379-7571
www.nustreamrealty.com
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