$2,995,000
Just Listed
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 Rory Clipsham 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.
| MLS®: | R3116592 |
| Type: | Business |
| Bedrooms: | 9 |
| Bathrooms: | 6 |
| Square Feet: | 4,347 sqft |
| Lot Size: | 9,040 sqft |
| Frontage: | 72.02 ft |
| Year Built: | 1966 |