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$ 2,698,000
Est. payment /mo
Price Dropped by $190K
4751 - 4771 STEVESTON HIGHWAY Richmond, BC V7E2K4
11 Beds
7 Baths
5,149 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5149
Square Footage 5,149 sqft
Price per Sqft $523
MLS® Listing ID R3091654
Bedrooms 11
Year Built 1968
Lot Size 0.322 Acres
Acres 14015.0
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 10
Garage No
Private Pool No
Building
Lot Description Garden Area
Others
Ownership Freehold
Listed by Rennie & Associates Realty Ltd.
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