Steveston North, Richmond
4771 Steveston Highway
Offered at $2,498,000
About this Business in Steveston North, Richmond
11 Bedrooms • 7 Bathrooms • 5,003 sqft • Built in 1968
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!
Listed by Rennie & Associates Realty Ltd..
Listed by Rennie & Associates Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Malcolm Hasman for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details About This Business in Richmond
- MLS®R3143284
- Bedrooms11
- Bathrooms7
- TypeBusiness
- Size5,003 sqft
- Lot Size14,015 sqft
- Full Baths7
- Half Baths0
- ParkingDetached, Tandem, Front Access (10)
- BasementNone
- Storeys2 storeys
- Year Built1968
- Taxes$10116.15
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