Multi-family for sale
1570 Sperling Avenue, Sperling-Duthie, Burnaby
$2,995,000
Features
Year Built
1966
Floor Area
4,347 sqft
Lot Size
9,148 sqft
Gross Property Tax
$7,902.83 /year
Building Type
Mul Tenant/MultiPlex (5+)
Building / Complex Name
Sperling 5
Zoning
R1
# of Parking Spaces
5
Subject Property Width
72 ft
Subject Property Depth
125 ft
Amenities
Balconies, Laundry Facility, Outside Storage, Storage, Fenced, Electric, Forced Air, HVAC System
Suite Mix Information
2 x 1 ½, 2 x 2 ½, 1 x 3 ½
Total no. of Units
5
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.
MLS® Number C8078284