$2,995,000
About this Business
Sperling 5 — A rare opportunity to own a high performing multifamily asset in N Burnaby. Why you’ll want to invest here: 1. Income generating 5 suite property with 2025 NOI of $118k and clear upside through rent optimization, plus external storage lockers for added revenue. 2. Significant capital improvements, reducing near-term costs and improving long-term stability. 3. 9 bedrooms and 6 bathrooms on a 9,040 sqft lot with strong rental appeal across multiple tenant profiles, plus 5 parking stalls with lane access. 4. Prime N Burnaby location near transit, schools, shopping, parks, tennis, pickleball, and golf. 5. Future development potential adds long-term upside. Don’t miss this turnkey asset in N Burnaby, featuring strong income, significant upgrades, and long-term growth potential.
Listed by Rennie & Associates Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors 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.
Features
- MLS®: R3116592
- Type: Business
- Bedrooms: 9
- Bathrooms: 6
- Square Feet: 4,347 sqft
- Lot Size: 9,040 sqft
- Frontage: 72.02 ft
- Full Baths: 6
- Half Baths: 0
- Taxes: $7902.83
- Parking: Carport Multiple, Rear Access (5)
- Basement: None
- Storeys: 2 storeys
- Year Built: 1966
