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For sale

4751-4771 STEVESTON HIGHWAY

Richmond, British Columbia

MLS® R3143284

$2,698,000

Status
Active
Property type
Multi-family
MLS® number
R3143284
Bedrooms
11
Bathrooms
7
Year built
1968

Listing 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!

Property summary

MLS® number
R3143284
Property type
Multi-family
Building type
Fourplex
Square footage
5,149 sq ft
Title
Freehold
Land size
14015 square feet
Built in
1968
Annual property taxes
$10,116.15
Parking
10 spaces
Days on market
37 days

Features & details

Appliances
All, Dishwasher, Washer & Dryer
Lot features
Central location

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Rennie & Associates Realty Ltd., Vancouver.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.