HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details

Nader Bakhoum,PMP, P.Eng.

info@home-nader.com +1(604) 612-7228

Listed by Rennie & Associates Realty Ltd.

Est. payment | -/mo

11 Beds

7 Baths

5,003 SqFt

Save

Est. payment | -/mo

Save

11 Beds

7 Baths

5,003 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,003 sqft

MLS Listing ID R3143284

Bedrooms 11

Full Baths 7

HOA Y/N No

Year Built 1968

Lot Size 0.320 Acres

Property Sub-Type Quadruplex

Property Description

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!

Location

Province BC

Community Steveston North

Area Richmond

Zoning RS1/E

Rooms

Other Rooms Foyer, Storage, Primary Bedroom, Bedroom, Bedroom, Living Room, Dining Room, Kitchen, Eating Area, Bedroom, Kitchen, Living Room, Foyer, Bedroom, Primary Bedroom, Laundry, Kitchen, Dining Room, Living Room, Bedroom, Bedroom, Primary Bedroom, Kitchen, Foyer, Bedroom, Bedroom, Laundry, Living Room

Kitchen 4

Interior

Interior Features Storage

Heating Forced Air, Natural Gas

Flooring Hardwood, Mixed, Tile, Vinyl

Fireplaces Number 3

Fireplaces Type Electric, Wood Burning

Appliance Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Laundry In Unit

Exterior

Exterior Feature Garden, Balcony, Private Yard

Fence Fenced

Utilities Available Community, Electricity Connected, Natural Gas Connected, Water Connected

View Y/N No

Roof Type Asphalt

Porch Patio, Deck

Total Parking Spaces 10

Garage true

Building

Lot Description Central Location

Story 2

Foundation Slab

Sewer Public Sewer, Sanitary Sewer

Water Public

Others

Ownership Freehold NonStrata

Security Features No Fire Sprinkler System,No Smoke Detector(s)

REBGV/FVREB/Chilliwack (Residential VOW)

4771 Steveston HWY Richmond, BC V7E 2K4