7323 6TH STREET
East Burnaby - Burnaby
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Transac. Type:

For Sale

Sale Type:

Asset

Subject Space:

3886  sqft

MLS® #:

C8048984

Nu Stream Realty Inc.

Date Listed:  1 week ago

Description

Great investment opportunity in highly developing prime area under Sixth Street Community Plan. It currently offers two suites(3 bedrooms & 2 bedrooms) upstairs and 1100 sqf leasable street-front retail space on the main. Lease contracts in place. The solid property could easily generate $95K cash flow per year. Many updates done by current owner. Possible four storey building is allowed if assembled with neighbors in the future in OCP(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.

Highlights
Lease Rate
0
Lease Op.Cost
0.00
Lease Sublease
N/A
Lease Term
N/A
Lease Type
N/A
Lease Space
3886

 sqft

Features
List Price
2099000
Property Type
N/A
Transac. Type
For Sale
Days on Market
1
Zoning
C4
Land Size
6103.00 sqft 0.00 Acres
Interest in Land
Freehold
Subject Space
3886  sqft
Year Built
1951
Complex Name
FREESTANDING
Seller Rights
Parking
0
Roof
Asphalt Shingles
Strata Fee
0.00
Previous Price
0.00
Depth
143
Original Price
2099000
Width
43
Gross Tax
10007.05 (2022)
Amenities
Laundry Facility, Washrooms Female/Male, Fenced Yard
Construction
Wood Frame
Major Business Type
N/A
Building Type
Freestanding, Commercial Mix, Residential Mix
Minor Business Type
N/A
Site Services
Cable,Electricity,Lane,Lane Paved,Natural Gas,Telephone
Permitted Use
Residential, Retail
Amenities

Legal Description

PHASE 1 ENVIRONMENTAL SITE ASSESSMENT

Location & Neighborhood

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7323 6TH STREET
East Burnaby - Burnaby
Transaction Type:

For Sale

Listing Type:

Multi-Family Commercial

Major Business Type:

N/A

Minor Business Type:

N/A Login to View

Subject Space:

3886  sqft

Sale Type:

Asset

MLS® #:

C8048984

Martin Yeung - PREC*
604-817-1288
mrmartinyeung@gmail.com
Park Georgia Realty Ltd.
Description
Great investment opportunity in highly developing prime area under Sixth Street Community Plan. It currently offers two suites(3 bedrooms & 2 bedrooms) upstairs and 1100 sqf leasable street-front retail space on the main. Lease contracts in place. The solid property could easily generate $95K cash flow per year. Many updates done by current owner. Possible four storey building is allowed if assembled with neighbors in the future in OCP(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.