101-408 425 TWELFTH STREET Active

New Westminster,BC V3M 4H7

$ 11000000

- Bed

- Bath

16586 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,586 sqft

Price per Sqft $663

Subdivision Uptown Nw

MLS Listing ID C8060043

Annual Tax Amount $1,049

Tax Year 2023

Property Description

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Cypress Steps, a rarely offered, stratified apartment building in the heart of New Westminster. Originally constructed in 1999, Cypress Steps presents investors with a unique opportunity to acquire a condo-quality investment property of scale, comprised of a total of 34 units, and boasting an attractive suite mix of 22-1 bedrooms and 12-2 bedrooms. All suites offer a full appliance package including dishwasher and in-suite laundry along with open concept layouts, gas fireplaces and electric baseboard heating. Situated in the quiet and quaint neighbourhood of Kelvin, the Property is just a short walk to Moody Park which offers numerous outdoor amenities, meanwhile tenants enjoy immediate access to 6th Avenue and Stewardson Way, allowing easy connectivity to neighbouring municipalities.

Location

Province BC

Community Uptown Nw

Area New Westminster

Building/Complex Name CYPRESS STEPS

Zoning British Columbia Default Zone

Building

Dwelling Type Multi-Family Commercial

Structure Type Wood Frame

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