40
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$2,995,000
Est. payment /mo
9,147 Sqft Lot
Active
1570 Sperling AVE Burnaby, BC V5B 4J9
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8078284
Year Built 1966
Lot Size 9,147 Sqft
Property Sub-Type Multi Family
Property Description
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.
Location
Province BC
Community Sperling-Duthie
Area Burnaby North
Zoning R1
Interior
Heating Baseboard, Electric, Forced Air, HVAC System
Cooling Electric, Forced Air, HVAC System
Exterior
Fence Fenced
Roof Type Asphalt
Total Parking Spaces 5
Building
Story 2
Sewer Public Sewer
Water Public
Others
Ownership Freehold
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