4751 - 4771 Steveston Highway, Richmond, British Columbia V7E 2K4

Listed for:
$2,888,000
11 beds
7 baths
Listed 5 days ago
Fourplex for rent: 4751 - 4771 Steveston Highway, Richmond, British Columbia V7E 2K4

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About

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:27476)

Property Highlights

MLS® Number
R3091654
Type
Multi-family
Ownership Type
Freehold
Land Size
14015 sqft
Parking Space Total
10

Building

Building Type
Fourplex
Square Footage
5149 sqft
Bathrooms Total
7
Bedrooms Total
11
Amenities
Laundry - In Suite
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Rennie & Associates Realty Ltd.
MLS® number:
R3091654
Agent:
Nicholas Narciso
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