$11,000,000
101-408 425 TWELFTH STREET New Westminster, BC V3M 4H7
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$11,000,000
Est. payment /mo
16,586 SqFt
Price Dropped by $1.0M
101-408 425 TWELFTH STREET New Westminster, BC V3M 4H7
UPDATED:
10/22/2024 04:08 PM
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
Region Greater Vancouver
City Region Greater Vancouver
Building
Dwelling Type Multi-Family Commercial
Structure Type Wood Frame
Listed by Marcus & Millichap
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