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$2,498,000

4751-4771 Steveston Highway

14,015 sq ft lot. Parking for 10.

Beds
11
Baths
7
Sq ft
5,149
Per sq ft
$485

Multi-family · Listed 3 months ago · MLS® R3143284

Listed by Rennie & Associates Realty Ltd.Powered by: REALTOR.ca

About this home

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:67498)

Details

MLS® number
R3143284
Property type
Multi-family
Building type
Fourplex
Status
Active
City
Richmond
Bedrooms
11
Bathrooms
7
Living area
5,149 sq ft
Lot size
14015 square feet
Year built
1968
Parking
10
Annual taxes
$10,116 (2025)
Appliances
All, Dishwasher, Washer & Dryer

Location