Invest with Success

7323 6th Street, Burnaby Listing #: R2616088

$1,880,000
5 Beds
3 Baths
3,886 Sqft
6,103 Lot SqFt
1951 Built


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.
Taxes (2021): $8,990.55
Amenities: In Suite Laundry

Features
  • ClthWsh
  • Dryr
  • Frdg
  • Stve
  • DW
Site Influences
  • Central Location
  • Recreation Nearby
  • Shopping Nearby

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MLS Reciprocity

Listed By: Nu Stream Realty Inc.

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