Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).

(250) 851-3110
info@team110.com
Team 110 | Your Kamloops REALTOR®

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

11 Bedroom 7 Bathroom 5,149 ft2
Garden Area

$2,888,000

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:61048)

Property Details

MLS® Number R3091654
Property Type Multi-family
Features Central Location
Parking Space Total 10

Building

Bathroom Total 7
Bedrooms Total 11
Amenities Laundry - In Suite
Appliances Washer & Dryer, All, Dishwasher
Constructed Date 1968
Size Interior 5,149 Ft2
Type Fourplex

Land

Acreage No
Landscape Features Garden Area
Size Irregular 14015
Size Total 14015 Sqft
Size Total Text 14015 Sqft

https://www.realtor.ca/real-estate/29378890/4751-4771-steveston-highway-richmond

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Nicholas Narciso

(604) 305-1886

Rennie & Associates Realty Ltd.
#110 - 1650 West 1st Avenue
Vancouver, British Columbia V6J 1G1

(604) 681-8898
(604) 681-9899

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