$2,888,000

4751 - 4771 STEVESTON HIGHWAY

Richmond, British Columbia V7E2K4

For sale
11 Beds7 Baths5149 sqft14015 sqft

Rare income property opportunity in the heart of Steveston! Situated on over 14,000 square ft of prime land, this legal duplex (circa 1970s) is on one of the last large development parcels in this highly sought-after neighborhood. The property is currently tenanted with long-term occupants, providing stable income and immediate holding security. Existing rents are below current market levels, presenting a clear value-add opportunity for future revenue growth over time. Whether held as a steady income property, repositioned for stronger yield, or land-banked for future development, this is a rare chance to acquire scale and upside in charming Steveston - a neighborhood where opportunities of this size are increasingly scarce. A long-term asset with built-in growth potential! (id:58554)

Overview

Property TypeMulti-family
Building TypeFourplex
OwnershipFreehold
TransactionFor sale
MLSยฎR3091654

Building

Bedrooms11
Bathrooms7
Interior Size5149 sqft
Year Built1968

Land & Parking

Lot Size14015 sqft
Parking Spaces10

Features & Amenities

FeaturesCentral location
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Listing Agent

Nicholas Narciso

Nicholas Narciso

๐Ÿ“ž (604) 305-1886

Brokerage

Rennie & Associates Realty Ltd.

#110 - 1650 West 1st Avenue

Vancouver, British Columbia V6J1G1

๐Ÿ“ž (604) 681-8898

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