4751-4771 STEVESTON HIGHWAY, Richmond

About This Property

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:65271)

Full Listing Specifications

MLS® Number

R3143284

Property Type

Multi-family

Bedrooms

11

Bathrooms

7

Living Area

5,149 sqft

Lot Size

14,015 sqft

Annual Taxes

$10,116

City

Richmond

Postal Code

V7E2K4