4751 - 4771 Steveston Highway, Richmond Listing #: R3091654
$2,888,000
11 Beds
7 Baths
5,003 Sqft
14,015 Lot SqFt
1968 Built
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!
Taxes (2025): $10,116.15
Amenities
- Garden
- Balcony
- Private Yard
- Storage
- In Unit
Features
- Washer
- Dryer
- Dishwasher
- Refrigerator
- Stove
- Microwave
- No Fire Sprinkler System
- No Smoke Detector(s)
Site Influences
- Garden
- Balcony
- Private Yard
- Central Location
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Listed By: Rennie & Associates Realty Ltd.
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