4751-4771 STEVESTON HIGHWAY

$2,698,000

4751-4771 STEVESTON HIGHWAY

Richmond, BC

Type
Multi-family
Status
Active
Bedrooms
11
Bathrooms
7
Living area
5,149 sqft
Year built
1968
MLS®
R3143284

About this property

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:66946)

Features

central locationalldishwasherwasher & dryer

Listing courtesy of Rennie & Associates Realty Ltd.. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.