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Property Description

Rare income property opportunity in the heart of Steveston! Situated on over 14,000 sq 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!

Overview

Property Status
For Sale
Lot Size
0.32 Acres
MLS ID
R3143284
Property Type
Multi-Family
Year Built
1968

Features & Amenities

Total Area
5,149 Sq.Ft.
Neighborhood
Richmond
Stories
2
Lot Features
Central Location
Parking
Detached, Tandem, Front Access
Heat Type
Forced Air, Natural Gas
Laundry Room
In Unit
Fireplace
Electric, Wood Burning
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Other Interior Features
Storage
Security Features
No Fire Sprinkler System, No Smoke Detector(s)
Other Exterior Features
Garden, Balcony, Private Yard
Sales Price
$2,698,000 CAD
Real Estate Tax
$10,116 CAD/yr

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4751 - 4771 STEVESTON HIGHWAY

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for your interest in 4751 - 4771 STEVESTON HIGHWAY, Richmond, BC V7E 2K4, CA

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4751 - 4771 STEVESTON HIGHWAY

4751 - 4771 STEVESTON HIGHWAY
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4751 - 4771 STEVESTON HIGHWAY