4751-4771 Steveston Highway, Richmond, British Columbia

$2,498,000

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11

Beds

7

Baths

5,149

Square feet

0.32

Acres

About 4751-4771 Steveston Highway

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:36535)

Features of 4751-4771 Steveston Highway

Listing # R3143284
Price $2,498,000
Bedrooms 11
Bathrooms 7.00
Square Footage 5,149
Acres 0.32
Year Built 1968
Type Multi-family
Sub-Type Freehold

Community Information

Address 4751-4771 Steveston Highway
City Richmond
Province British Columbia
Postal Code V7E2K4

Amenities

Amenities Laundry - In Suite
Features Central location
Parking Spaces 10
Is Waterfront No
Has Pool No

Interior

Appliances Washer & Dryer, All, Dishwasher
Fireplace No
Has Basement No

Exterior

Exterior Features Garden Area

Listing Details

OfficeCourtesy Of Rennie & Associates Realty Ltd.

Listing Map